TSLA Jan 2021 295.000 put

OPR - OPR Delayed Price. Currency in USD
39.20
0.00 (0.00%)
At close: 3:38PM EST
Stock chart is not supported by your current browser
Previous Close39.20
Open39.20
Bid34.80
Ask38.95
Strike295.00
Expire Date2021-01-15
Day's Range39.20 - 39.20
Contract RangeN/A
Volume2
Open Interest98
  • Bloomberg

    Congress Mulls Reviving Tax Breaks Prized by ADM, Tesla, GM

    (Bloomberg) -- U.S. lawmakers led by Senate Finance Committee Chairman Charles Grassley are negotiating a potential revival of expired tax breaks in last-minute negotiations over a government spending bill.The talks, which were held on Saturday, are focused on reinstating the so-called tax extenders, a move that could be a boon to the biofuel, alcoholic beverage and short-line railroad industries that were hoping to see renewal of valuable credits and deductions, according to a person familiar with the discussions.“Chairman Grassley has been leading bicameral negotiations on tax extenders and is working to make sure they are included in the year-end appropriations package,” Michael Zona, a spokesman for Grassley, said Saturday in a email. “Dropping tax extenders like biodiesel would be a major setback and may push more plants that employ thousands of Americans toward bankruptcy.”The negotiations are taking place as the House and Senate seek to strike a deal that would fund the government before the current stopgap package expires on Friday. The tax breaks lapsed at the end of 2017. Since then, businesses have been expecting Congress to retroactively extend the benefits as lawmakers have repeatedly done in years past. So far, no relief has materialized.The talks present a particularly acute boost to the biodiesel sector -- including Archer-Daniels-Midland Co. and Renewable Energy Group Inc. -- which is advocating for a retroactive extension of a $1 per gallon tax credit for biodiesel. Several plants have begun slashing production and laying off workers as a result of the two-year lapse of the tax credit.It also could also buoy tax breaks for those thinking of buying electric cars from General Motors Co. and Tesla Inc., which had been lobbying for an extension of a lucrative consumer tax credit for electric vehicle purchases. The $7,500 credit is still in effect, but Congress has capped the number of credits at 200,000 for each manufacturer. Both GM and Tesla have already reached the threshold.Beer, wine and spirits producers could also see their two-year tax break revived. The 2017 tax overhaul temporarily lowered the excise tax for brewers, wine makers and distillers. The provision, which has strong bipartisan support, is credited with helping the craft beverage industry expand.Others hoping to use the year-end spending bill as a vehicle for their tax credit includes the solar industry, which is preparing to see it’s 30% investment tax credit start decreasing next year.\--With assistance from Kaustuv Basu.To contact the reporters on this story: Laura Davison in Washington at ldavison4@bloomberg.net;Erik Wasson in Washington at ewasson@bloomberg.netTo contact the editors responsible for this story: Joe Sobczyk at jsobczyk@bloomberg.net, Steve GeimannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Benzinga

    Bulls And Bears Of The Week: Disney, Macy's, Netflix, Tesla And More

    Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included the electric vehicle leader and the result of a re-merger. Bearish calls also included entertainment ...

  • ‘Shocked’ strategist says sell Tesla — ‘I don’t give a toss if he is a visionary’
    MarketWatch

    ‘Shocked’ strategist says sell Tesla — ‘I don’t give a toss if he is a visionary’

    “Musk is a product of our age. Entitled, arrogant, unbelievably rich and powerful, he reckons normal rules don’t apply to him,” Shard Capital strategist Bill Blain wrote in a note on Monday.

  • Self-driving Tesla slams into a cop car — and the driver blames his dog
    MarketWatch

    Self-driving Tesla slams into a cop car — and the driver blames his dog

    A Tesla Model 3 on auto-pilot early Saturday morning crashed into two vehicles — one of them belonged to the Connecticut State Police. The driver explained that he was checking on his dog in the backseat.

  • Exclusive: U.S. agency probes 12th Tesla crash tied to possible Autopilot use
    Reuters

    Exclusive: U.S. agency probes 12th Tesla crash tied to possible Autopilot use

    The U.S. auto safety agency said on Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut last week. The National Highway Traffic Safety Administration (NHTSA) special crash investigation program will investigate the Dec. 7 crash of a 2018 Tesla Model 3 on Interstate 95 in Norwalk, Connecticut, the agency confirmed. Autopilot had been engaged in at least three Tesla vehicles that were involved in U.S. crashes since 2016.

  • Barrons.com

    Space Tourism Is Getting Closer. Here’s How Much It Will Cost.

    Jeff Bezos’ Blue Origin and Richard Branson’s Virgin Galactic have plans to send tourists into space next year. Elon Musk’s SpaceX is in the hunt, too, and a Boeing and Lockheed JV. It won’t be cheap.

  • Mercedes Delays Electric Debut After Jaguar and Audi SUVs Flop
    Bloomberg

    Mercedes Delays Electric Debut After Jaguar and Audi SUVs Flop

    (Bloomberg) -- Mercedes-Benz is putting off the U.S. debut of its first electric vehicle by a year in the latest sign of just how difficult a time automakers are having replicating Tesla Inc.’s success.Daimler AG’s luxury brand will start sales of the EQC crossover in 2021 rather than early next year. The German carmaker said in an emailed statement that it’s made the strategic decision to first support growing demand for the model in Europe, where deliveries began earlier this year.The world’s top-seller of premium autos has touted the EQC and the series of battery-powered models it has planned under the EQ sub-brand as an answer both to Tesla and its traditional rivals. But the initial electric vehicles Jaguar and Audi introduced in the U.S. market this year have underwhelmed on the sales charts, failing to keep up even with Tesla’s years-old Model S and X.Daimler has at least 10 purely battery-powered cars planned through 2022 to help meet tougher emissions rules around the globe. But while regulatory pressure is picking up, U.S. demand has been tepid for models other than Tesla’s lower-priced Model 3. Consumers continue to harbor concerns about limited driving range, long charging times and high sticker prices.Jaguar has sold 2,418 I-Pace SUVs in the U.S. this year through November, while Audi has delivered 4,623 e-tron crossovers, according to InsideEVs. By contrast, the website estimates that Tesla has sold about 111,650 Model 3 sedans.Luxury-car makers’ biggest retailers are divided over the outlook for electric cars in the U.S. In February, the president of Sonic Automotive Inc., the fifth-largest U.S. dealership group in the country, wondered aloud on an earnings call whether Tesla had built a cult following for its cars and said the brand needed to be taken seriously by BMW and others.But in October, Roger Penske, the chief executive officer of Penske Automotive Group Inc., said the I-Pace hasn’t sold as expected and that consumers have been canceling orders for the e-tron.“They’re expensive, and everyone has range anxiety, and to me, what’s going to be the residual value at the end?” Penske said during an earnings call. “The growth is going to be slow.”Automotive News first reported Mercedes’s decision to delay the EQC earlier Friday.\--With assistance from Christoph Rauwald.To contact the reporter on this story: Gabrielle Coppola in New York at gcoppola@bloomberg.netTo contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, Chester DawsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Dow Jones Hits Record High On China Trade Deal; Lululemon, Adobe, Facebook, Chips, Biotechs Make News: Weekly Review
    Investor's Business Daily

    Dow Jones Hits Record High On China Trade Deal; Lululemon, Adobe, Facebook, Chips, Biotechs Make News: Weekly Review

    The stock market hit record highs hit record highs the China trade deal and other news easing stock market uncertainty. Adobe, Facebook, Lululemon and Tesla were key movers on news

  • U.S. agency probes 12th Tesla crash tied to possible Autopilot use
    Reuters

    U.S. agency probes 12th Tesla crash tied to possible Autopilot use

    The U.S. auto safety agency said Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut on Saturday. The National Highway Traffic Safety Administration special crash investigation program will investigate the Dec. 7 crash of a 2018 Tesla Model 3 on Interstate 95 in Norwalk, Connecticut, the agency confirmed. The agency’s special crash investigation team has inspected 12 crashes involving Tesla vehicles where it was believed Autopilot was engaged at the time of the incident.

  • Tax-credit expansion sought by Tesla, other EV players is among tax breaks getting lawmakers’ attention as year ends
    MarketWatch

    Tax-credit expansion sought by Tesla, other EV players is among tax breaks getting lawmakers’ attention as year ends

    Tesla, General Motors and other players in the electric-vehicles sector have a role in the end-of-year scramble around a possible tax package with so-called “tax extenders,” as they could score an expansion for a key EV credit.

  • Barrons.com

    Tesla Stock Is Highly Valued and Faces Execution Risk, Deutsche Bank Notes

    Analyst Emmanuel Rosner isn’t recommending the stock, although he notes that demand is “solid” and that free cash flow can end the year strong.

  • Tesla Zealotry on Street Fades as Focus Shifts to Fundamentals
    Bloomberg

    Tesla Zealotry on Street Fades as Focus Shifts to Fundamentals

    (Bloomberg) -- The perpetual war between Tesla Inc.’s bears and bulls may finally be simmering down.Passionate views about the outlook for the electric-vehicle maker have often led to polarizing takes from analysts, with some forecasting global dominance and others predicting an imminent death. But over the past year or so, those extremest stances have started to fade from the mainstream, according to Toni Sacconaghi, an analyst at Sanford C. Bernstein.“Bears are no longer expecting Tesla to run out of cash, while bulls have acknowledged the market’s lukewarm reception to unproven business models (Uber, WeWork, Peloton, etc.),” he wrote in a note to clients, adding that more investors have become focused on different ways to value Tesla shares.The zealots have backed off over the past year. Citron Research founder Andrew Left, once among the most prominent critics, threw in the towel on his short thesis. Morgan Stanley’s Adam Jonas, once an avid Tesla bull, conceded that a host of scenarios could call that optimism into question.Analysts’ average price target on the stock was $343 on Dec. 31, 2018, and currently stands at $292.Sacconaghi, who has the equivalent of a hold rating on the stock and a price target of $325, estimated that the company could be worth less than $250 a share or more than $500 per share, depending on how things shake out over the next few years. The stock fell 0.6% mid-day Friday to $357.37In the event that Tesla ultimately becomes the size of Volkswagen AG with the margins of BMW AG, the shares could rally to $530, the analyst said, ascribing a 20% chance to the outcome. The base-case assumption, in which Tesla matches the size and margins of BMW, yields a value of about $345, and has a 50% probability. The most pessimistic case, with a 30% possibility, will lead to a tumble to $155, Sacconaghi said.Jonas also published a note evaluating the most optimistic scenario for the company, raising his most bullish estimate to $500 from $440 per share, reflecting the potential for selling trucks and generating more revenue in China.Tesla shares are up 8.6% this year, compared with a 26% jump in the S&P 500 Index. If the stock price hovers around the same level, this would be the second straight year of single-digit percentage gain in the stock.\--With assistance from Gregory Calderone.To contact the reporter on this story: Esha Dey in New York at edey@bloomberg.netTo contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Brendan Walsh, Richard RichtmyerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Stock Market Recovers From Trump Tweet; Adobe Breaks Out, Broadcom Slides On Earnings
    Investor's Business Daily

    Stock Market Recovers From Trump Tweet; Adobe Breaks Out, Broadcom Slides On Earnings

    The major stock indexes were modestly higher in morning trade after taking an early hit from President Trump's latest tweet on the U.S.-China trade deal.

  • American City Business Journals

    Tesla raises objections — a lot of objections — to NLRB’s labor ruling

    In September, a judge found that Tesla violated the National Labor Relations Act several times since 2017.

  • FCC Votes 5-0 to Split Auto Safety Spectrum for Wi-Fi Use
    Zacks

    FCC Votes 5-0 to Split Auto Safety Spectrum for Wi-Fi Use

    The telecommunications regulator's undivided decision to open up unused spectrum for Wi-Fi is likely to fend off stiff opposition for the implementation.

  • Alphabet's Latent Logic Buyout Bolsters Waymo Initiatives
    Zacks

    Alphabet's Latent Logic Buyout Bolsters Waymo Initiatives

    Alphabet's (GOOGL) Waymo acquires Latent Logic to establish presence in the autonomous vehicle market of Europe and the U.K.

  • Tesla's third general counsel in a year calls it quits
    American City Business Journals

    Tesla's third general counsel in a year calls it quits

    More than 30 high-level leaders have left Tesla in recent years, according to an updated tally, including its third general counsel in a year.

  • GuruFocus.com

    Is Tesla Apple? Is Elon Musk Steve Jobs?

    Can Tesla become as successful as Apple, and can Tesla cars turn into an iPhone-like franchise? Continue reading...

  • Bloomberg

    Tesla Loses Its Third General Counsel in the Last Year

    (Bloomberg) -- Tesla Inc. has lost its third general counsel in the past year.Jonathan Chang, a longtime attorney for the electric-car maker who was promoted to the role in February, left the company Dec. 6, according to people familiar with the matter. He’s taken the general counsel job at SambaNova Systems, the artificial intelligence startup announced Thursday.Chang, 41, joined Tesla in 2011. He was thrust into the general counsel role in February after Washington-based trial lawyer Dane Butswinkas lasted just two months with the company. His predecessor was Todd Maron, a former divorce attorney who had been in the job since 2014.Tesla shares pared a gain of as much as 2.8% on the news, trading up 1.6% to $358.22 as of 3:30 p.m. in New York.It was an eventful 9 1/2 months for Chang and Tesla. He took over from Butswinkas a day after Chief Executive Officer Elon Musk published problematic tweets about the outlook for vehicle production this year. Within a week, the U.S. Securities and Exchange Commission asked a judge to hold the billionaire in contempt of a 2018 settlement that required him to get social media posts that could be material to investors pre-approved.Musk and the SEC settled in April. That month, Tesla started waging a legal battle against a short seller it accused of trespassing at its California assembly plant and menacing workers. And in August, Walmart Inc. sued Tesla over rooftop solar fires at more than a half-dozen of the retailer’s stores. The two companies resolved the issue out of court last month.Last week, Musk, 48, emerged victorious from a four-day trial over another series of tweets in which he attacked a British cave expert who help rescue members of a Thai soccer team from a flooded cave. An eight-member jury unanimously decided his statements fell short of defamation.Chang is leaving a company seemingly on firmer footing than it’s been when other senior managers have left the last few years. Tesla reported a surprise third-quarter profit in October and said it was ahead of schedule launching its next high-volume electric vehicle, the Model Y crossover. Its shares have surged more than 40% since then and are trading up for the year.Tesla didn’t respond to questions including who will replace Chang, who declined to comment. The company, which is notorious for churning through top executives, has promoted from within of late rather than replace senior managers with splashy outside hires.Other Tesla departures this year that the company back-filled internally include J.B. Straubel, the co-founder who ceded the role of chief technology officer in July, and Deepak Ahuja, the chief financial officer who retired in March.(Updates with SambaNova statement in second paragraph)To contact the reporter on this story: Dana Hull in San Francisco at dhull12@bloomberg.netTo contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, Chester Dawson, David WelchFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Is Tesla Stock A Buy Right Now? Here's What Earnings, Charts Show
    Investor's Business Daily

    Is Tesla Stock A Buy Right Now? Here's What Earnings, Charts Show

    Tesla stock, in June, fell to levels not seen since early 2016. But with rapid growth in shipments, what does an analysis of the stock's fundamental and technical strength say about buying Tesla shares?

  • Thyssenkrupp in talks with Tesla about German factory: Handelsblatt
    Reuters

    Thyssenkrupp in talks with Tesla about German factory: Handelsblatt

    Thyssenkrupp is hoping to win contracts for a planned factory Tesla plans to build near Berlin, a board member of the German conglomerate told a business daily. "We are in talks over carrying out certain services," Klaus Keysberg, board member in charge of steel and materials services at Thyssenkrupp, told Handelsblatt, declining to be more specific. Thyssenkrupp makes everything from elevators and submarines to car parts, steel and fertilizers plants.

  • Here's What Changed Jim Cramer's Mind About Tesla Stock

    Jim Cramer reveals why he's looking at Tesla stock differently.

  • Garmin, Movado and Tesla highlighted as Zacks Bull and Bear of the Day
    Zacks

    Garmin, Movado and Tesla highlighted as Zacks Bull and Bear of the Day

    Garmin, Movado and Tesla highlighted as Zacks Bull and Bear of the Day

  • GuruFocus.com

    Tesla's Return to Profitability Is Not Sustainable

    Financial engineering created the illusion of significant cash flow and positive net income in the third quarter Continue reading...