Previous Close | 35.30 |
Open | 35.78 |
Bid | 34.95 |
Ask | 35.90 |
Strike | 22.00 |
Expire Date | 2021-05-21 |
Day's Range | 35.30 - 35.78 |
Contract Range | N/A |
Volume | 3 |
Open Interest | 1.53k |
Other auto stocks joins in the impressive rally in Tesla's stock. Here's why.
Tesla has a new Street high price target. Oppenheimer analyst Colin Rusch more than doubled his price target on the stock to $1,036 from $486.
The struggling manufacturer holds a small stake in electric vehicle (EV) start-up Rivian Automotive, which just raised $2.65 billion in funding, adding fuel to the upside. Ford stock, which topped out a decade ago, is now trading above the 50-month exponential moving average (EMA) for the first time since a failed effort at the start of 2018. Market wisdom insists that rising seas float all boats in a bull market, and the red-hot EV segment of the automotive sector is no exception, with Tesla, Inc. (TSLA) and NIO Limited (NIO) encouraging investors to take a second look at GM in 2020.