TSLA Jan 2021 550.000 put

OPR - OPR Delayed Price. Currency in USD
244.15
0.00 (0.00%)
As of 10:03AM EST. Market open.
Stock chart is not supported by your current browser
Previous Close244.15
Open244.15
Bid0.00
Ask0.00
Strike550.00
Expire Date2021-01-15
Day's Range244.15 - 244.15
Contract RangeN/A
Volume2
Open InterestN/A
  • SpaceX launches 19th resupply mission to ISS
    Yahoo Finance Video

    SpaceX launches 19th resupply mission to ISS

    SpaceX launched its 19th commercial resupply flight to the International Space Station on Thursday. Yahoo Finance’s Zack Guzman, Kristin Myers and Black Hawk's Financial Founder Leanna Haakons discuss on YFi PM.

  • Dow Jones Futures: Stock Market Rally Strong Before Jobs Report; Tesla Gets $500 'Bull' Target While DocuSign Leads Earnings Movers
    Investor's Business Daily

    Dow Jones Futures: Stock Market Rally Strong Before Jobs Report; Tesla Gets $500 'Bull' Target While DocuSign Leads Earnings Movers

    Dow futures: The stock market rally is acting well going into Friday's jobs report. Tesla, DocuSign, Okta, Zoom and Ulta Beauty led movers late.

  • Reuters

    UPDATE 1-China-built Tesla cars recommended for subsidies - ministry

    China's industry ministry has placed Chinese-built Tesla Inc. Model 3 cars on a list of vehicles recommended to receive subsidies for new energy vehicles, a move that will help the U.S. firm's push into the world's biggest auto market. Two variants of Tesla Model 3 vehicles are listed on a recommendation list for China's generous subsidies for new energy vehicles (NEV), according to a post on the website of China's Ministry of Industry and Information Technology. The California-based electric vehicle maker, which is building cars in a $2 billion factory in Shanghai, aims to make more than 1,000 vehicles a week by the end of 2019 and deliver the China-made vehicles before the Chinese new year on Jan. 25.

  • Bloomberg

    Tesla’s Made-in-China Cars to Qualify for Subsidies There

    (Bloomberg) -- Tesla Inc.’s made-in-China sedans qualified for subsidies in the country, a potential boon for Elon Musk’s electric-car maker as it prepares to start selling locally-built models in the world’s biggest market.The company’s Model 3 sedan was included in a list of qualified models published by the Ministry of Industry and Information Technology Friday. That means buyers will get a subsidy of as much as about 25,000 yuan ($3,550) from the government. Tesla said in October the vehicles will be priced from about $50,000 in China.The company has said it’s planning to start delivering made-in-China Model 3 cars before late January as it nears the start of mass production at its new Shanghai plant, its first outside the U.S.A Tesla representative in China also confirmed the company’s locally built vehicles have been approved for subsidies. While the government has been scaling back electric-vehicle handouts, certain support measures still exist as the country seeks to move toward cleaner energy and reduce reliance on imported oil.The China plant will be a crucial test for Musk as the chief executive officer seeks to prove the carmaker can sustain profitability. The Shanghai Gigafactory, which broke ground in January, will initially build Model 3 sedans that will compete with electric cars from local contenders such as NIO Inc. and Xpeng Motors, as well as global manufacturers including BMW AG and Daimler AG.To contact Bloomberg News staff for this story: Chunying Zhang in Shanghai at czhang714@bloomberg.netTo contact the editors responsible for this story: Young-Sam Cho at ycho2@bloomberg.net, Ville Heiskanen, Reed StevensonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • China-built Tesla cars recommended for subsidies: ministry
    Reuters

    China-built Tesla cars recommended for subsidies: ministry

    China's industry ministry has placed Chinese-built Tesla Inc. Model 3 cars on a list of vehicles recommended to receive subsidies for new energy vehicles, a move that will help the U.S. firm's push into the world's biggest auto market. Two variants of Tesla Model 3 vehicles are listed on a recommendation list for China's generous subsidies for new energy vehicles (NEV), according to a post on the website of China's Ministry of Industry and Information Technology. It was not immediately clear how much of a subsidy the vehicles would receive.

  • Tesla (TSLA) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Tesla (TSLA) Stock Sinks As Market Gains: What You Should Know

    Tesla (TSLA) closed at $330.37 in the latest trading session, marking a -0.8% move from the prior day.

  • Bloomberg

    Tesla May Pop 50% If China, Cybertrucks Succeed, Analyst Says

    (Bloomberg) -- Tesla Inc. shares may rise to as much as $500 if its Cybertruck becomes a success and sales in China pick up pace, Morgan Stanley analyst Adam Jonas wrote in a note to clients on Thursday, boosting his bull case for the stock.The analyst raised his most optimistic scenario to $500 from $440 per share, saying it reflected $20 from the new pickup truck that was unveiled on Nov. 21 and $40 from incremental volume and profit in China.Jonas assumed the company will be able to sell 100,000 Cybertrucks by the end of 2024 at an average price of $50,000 and Ebitda margins of 20%.Since Elon Musk has said on Twitter that the truck currently has 250,000 pre-orders, Jonas’s assumption implies that roughly 40% of those would translate to an actual sale by 2024. “We believe this is a fairly optimistic assumption, given that a pre-order only requires a $100 refundable deposit,” Jonas wrote. The analyst’s base case assumption does not include the Cybertruck.For China, Morgan Stanley assumed 200,000 Tesla units in incremental volume, with revenue of $40,000 per unit.However, even with the new-found optimism, Jonas maintained his 12-month, $250 price target and hold-equivalent rating on the stock, which assumes 24% downside from the electric-vehicle maker’s Thursday closing price in New York. His caution is derived from the perception that in the longer term, Tesla could be perceived by the market as a traditional automaker. “We are prepared for a potential surge in sentiment through first half of 2020, but question the sustainability,” he added.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, Drew SingerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 10 Highest Paid CEOs in the World in 2019
    Insider Monkey

    10 Highest Paid CEOs in the World in 2019

    With combined annual earnings of over three billion dollars, the 10 highest paid CEOs in the world in 2019 prove that disparity of income is not just a myth, it’s the stark reality facing us today, though the total has been significantly skewed by the one man, who we will reveal later. While we’ve been […]

  • Barrons.com

    GM and LG Pair Up for Electric Vehicles. Here’s What That Means For Tesla.

    Competition is heating up. Alliances are forming in the nascent electric-car wars and the new joint ventures demonstrate that stalwart car companies are preparing for an all-electric future.

  • Reuters

    UPDATE 4-No apology to Elon Musk from British diver at 'pedo guy' defamation trial

    The British cave explorer suing Elon Musk for calling him a "pedo guy" on Twitter testified on Thursday that his criticism of the Tesla Inc chief executive that led to the tweet was not a personal attack. "My insult was to the tube and not to Mr. Musk personally," Unsworth said while being cross-examined by Bill Price, one of Musk's lawyers. Unsworth's lawsuit focuses on three Musk tweets on July 15, 2018, five days after the diver helped complete the rescue of 12 boys and their soccer coach from the cave.

  • Benzinga

    Convoy Closes Out Year Of "Multiple Breakthroughs"

    Riding a wave of recent innovations, digital freight network powerhouse Convoy moved up a notch on this year's FreightTech 25, edging out Tesla Inc (NASDAQ: TSLA) to occupy the No. 3 slot on FreightWaves' list of most disruptive companies. Ziad Ismail, the company's chief product officer, said 2019 has been an especially fruitful year for Convoy, which netted $400 million in a Series D round announced Nov. 13. Ismail credited the Seattle-based company's innovation model, rooted in small teams that  operate autonomously, with enabling Convoy to crack some of the industry's most pressing challenges.

  • MarketWatch

    Nio's stock rallies after 4th straight month of delivery increases

    Shares of Nio Inc. rallied 3.7% in active premarket trading Thursday, after the China-based electric vehicle maker disclosed an uptick in November deliveries, to mark a fourth straight monthly increase. The company said it delivered 2,528 vehicles last month, up from 2,526 deliveries in October. Of the total, Nio delivered 2,067 ES6s, the company's 5-seater high-performance SUV, and 461 ES8s, the 7-seater SUV. "In November, we achieved another month of solid delivery results as we expanded our sales network by adding more NIO Spaces," said Founder and Chief Executive William Li. "By the end of November, NIO and our partners successfully opened 37 NIO Spaces in total." The stock has tumbled 18% over the past three months through Wednesday, while shares of U.S.-based rival Tesla Inc. have run up 45% and the S&P 500 has gained 4.6%.

  • Benzinga

    Nio Sustains Sales Momentum In November, Launches Third SUV

    ADR (NYSE: NIO), often called as China's Tesla Inc(NASDAQ: TSLA), churned in strong November deliveries, sending its shares higher. November marked the fourth consecutive month of expanding deliveries following a dismal performance in the summer, when deliveries took a tumble on a host of factors, including weaker domestic macroeconomic condition and a cut in EV subsidies. The turnaround was echoed in comments by William Li, Nio's founder, chairman and CEO, who suggested in late November EV sales in China are on the road to recovery.

  • No apology to Elon Musk from British diver at 'pedo guy' defamation trial
    Reuters

    No apology to Elon Musk from British diver at 'pedo guy' defamation trial

    The British cave explorer suing Elon Musk for calling him a "pedo guy" on Twitter testified on Thursday that his criticism of the Tesla Inc chief executive that led to the tweet was not a personal attack. "My insult was to the tube and not to Mr. Musk personally," Unsworth said while being cross-examined by Bill Price, one of Musk's lawyers.

  • Benzinga

    'I Don't Have A Lot Of Cash:' Day Two Of Elon Musk's Defamation Trial

    The billionaire entrepreneur continued his testimony from Tuesday in the case filed against him by a U.K. caver, whom Musk had called a “pedo guy” on Twitter. The Tesla CEO reiterated his stance from Tuesday that he didn’t mean to imply that Unsworth was a peadophile and that it was, in fact, Unsworth who started the conflict by launching an “unprovoked attack,” Reuters reported.

  • Tesla Competitor NIO Launches Another SUV in China
    Bloomberg

    Tesla Competitor NIO Launches Another SUV in China

    (Bloomberg) -- Cash-strapped electric-car upstart NIO Inc. is introducing its third sport utility vehicle, a streamlined model aimed at spurring demand in China’s slowing EV market.NIO didn’t disclose the price for the electric SUV coupe, which comes with a panoramic-view window and is set to compete against vehicles such as the Mercedes-Benz GLC Coupe and Tesla Inc.’s Model Y. NIO’s existing models are the ES8 and ES6 SUVs, and the EP9 performance car.“Coupes fall in a niche market in China and it’s really hard to position this kind of product,” said Yale Zhang, managing director of Shanghai-based consultancy AutoForesight. “But if they only aim at selling hundreds of cars a month, it should be fine.”The unprofitable carmaker is battling an unprecedented slump in Chinese auto sales, including electric vehicles, as the country’s economy cools. The company also faces intensifying competition from the likes of Tesla and Daimler AG just as some investors scrutinize its funding situation.Backed by technology giant Tencent Holdings Ltd., NIO sought $200 million from founder William Li and a Tencent affiliate -- though hasn’t clarified whether the investment has been completed -- and has also reduced its workforce. U.S. shares of NIO have dropped more than 60% since the company’s initial public offering in New York last year.By the end of the third quarter, NIO had cut its staff to 7,800 from 9,900 in January. Having burned through more than $5 billion in four years, the company failed in an attempt to get local government funding, according to media reports.China’s EV sales have slumped for four consecutive months, while the overall auto market is down in 16 of the 17 past months. That’s impacting fundraising for EV startups in China, according to rival XPeng Motor. China is raising its 2025 sales target for electrified cars as the government tries to spur the industry.(Updates with government sales target in seventh paragraph)To contact Bloomberg News staff for this story: Chunying Zhang in Shanghai at czhang714@bloomberg.netTo contact the editors responsible for this story: Young-Sam Cho at ycho2@bloomberg.net, Ville Heiskanen, Angus WhitleyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Hedge Funds Sold Tesla Inc. (TSLA) A Bit Too Early
    Insider Monkey

    Hedge Funds Sold Tesla Inc. (TSLA) A Bit Too Early

    It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]

  • Financial Advisors Laser Focused On These 5 Stocks
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    The US stock market registered a mixed performance last week helped by trade optimism, a wave of M&A deals, and positive economic data. The S&P 500 and the NASDAQ Composite inched up by 0.23% each, while the Dow Jones Industrial Average declined by 0.05%. In a big step-up in trade negotiations, China reportedly agreed to […]

  • Musk Tells Jury He’s Worth $20 Billion, But Is Short on Cash
    Bloomberg

    Musk Tells Jury He’s Worth $20 Billion, But Is Short on Cash

    (Bloomberg) -- Elon Musk says he doesn’t have a lot of cash.Musk’s wealth came up in the second day of his testimony before a federal jury in Los Angeles where the Tesla Inc. and SpaceX chief executive is on trial over a tweet in which he referred to a British cave expert as a “pedo guy.”After an unsuccessful objection from his lawyer, Musk told the jury he has Tesla stock, and SpaceX stock, with debt against those holdings, and his net worth is about $20 billion. But contrary to public opinion, he said, he didn’t have much cash. Musk finished testifying after a total of about six hours on the stand over two days.Caver Vernon Unsworth sued Musk over the “pedo guy” tweet, which the CEO called “a flippant, off-the-cuff insult.” Musk said he was responding to Unsworth’s criticism of Musk’s effort to help rescue members of a Thai soccer team from a flooded cave in 2018. Musk and engineers at his companies prepared a mini submarine to help with the rescue efforts. The 12 kids,aged 11 to 16, and their coach were ultimately saved without the sub.Usnworth, who knew the caves well, ridiculed the high-profile effort from Musk. He told CNN that Musk could “stick his submarine where it hurts” and called the idea a PR stunt with no chance of working.That angered Musk, who said a team of engineers worked very hard to build the sub to save the boys. He said Unsworth’s comments denigrated the efforts of his team.Thai rescue officials were “very happy” with his team’s effort and the government thanked him for it, Musk said, contradicting Unsworth’s comments in the CNN interview.Musk also explained to the jury his penchant to tweet. (He retweeted a Tesla post during a break in his testimony.)Musk said he likes to solicit public input on Twitter.“There are pretty smart people out there,” Musk said.Despite Musk’s status as one of the richest people on the planet, his net worth is largely illiquid.The Bloomberg Billionaires Index puts his fortune at $26.6 billion. That comprises an estimated $14.6 billion stake in SpaceX. Musk has said previously he doesn’t intend to sell any of his holdings in the closely held company.Musk has also long been a buyer of Tesla shares to bolster his $11.4 billion holding.He’s pledged about 40% of his Tesla shares to unlock some of the wealth without shrinking his stake. A May filing revealed that he had access to about $500 million of credit lines from affiliates of Morgan Stanley, Goldman Sachs and Bank of America as of April 30. Still, that’s a fraction of his $26.6 billion overall fortune on the Bloomberg Billionaires Index and it’s unclear how much of those credit lines remain unused.Musk’s wealth is an issue at the trial because a jury may consider evidence of his net worth in determining punitive damages. But Musk’s lawyers argued in court papers that the jury can’t award more in punitive damages than in compensatory damages. There is no way the jury would award more than $1 billion in compensation, so Musk’s net worth exceeding that isn’t relevant, the lawyers said.In his testimony, Musk cited his mother as having some good advice, that Unsworth might want to follow.“As my mom said, if somebody insults you, just let it go,” Musk said.In September, Musk revealed in court documents that one of his trustedaides, Jared Birchall, paid $50,000 to hire a private investigator who looked into Unsworth. Attorneys for Unsworth said the investigator was offered a $10,000 bonus if he was able to confirm nefarious behavior -- which was never paid.Birchall worked at Morgan Stanley until 2016 and is the manager of Excession LLC, Musk’s family office.He took the stand after Musk.Birchall testified he hired James Howard, who later turned out to be a conman.After Howard came up with what later turned out to be fake dirt on Unsworth, such as that he had been visiting Thailand since the 1980s and that he met his wife when she was a teenager, Birchall, using the name James Brickhouse, told Howard to leak the information to media in the U.K.“I believed him to be a credible investigator,” Birchall told the jury. “I understood these things to be facts. I asked him to share facts.”Musk also enlisted help from a second investigator at the Palo Alto, California-based law firm Cooley LLP. Cooley didn’t respond to a request for comment.The case is Unsworth v. Musk, 18-cv-08048, U.S. District Court, Central District of California (Los Angeles).(Updates with Birchall testimony.)To contact the reporters on this story: Dana Hull in San Francisco at dhull12@bloomberg.net;Edvard Pettersson in Los Angeles at epettersson@bloomberg.net;Tom Metcalf in London at tmetcalf7@bloomberg.netTo contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, Joe Schneider, Peter BlumbergFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • UPDATE 5-British cave explorer felt 'branded a pedophile' by Elon Musk tweet
    Reuters

    UPDATE 5-British cave explorer felt 'branded a pedophile' by Elon Musk tweet

    The British cave explorer suing Elon Musk testified on Wednesday he felt "branded a pedophile" by the billionaire entrepreneur, despite Musk's assertion that his "pedo guy" tweet at the heart of the defamation case was not meant to be taken literally. Vernon Unsworth, seeking unspecified damages in his lawsuit against Musk, took the witness stand on the second day of a trial stemming from their public squabble over last year's rescue of 12 boys and their soccer coach from a flooded cave in Thailand. Unsworth's appearance in a packed federal courtroom in Los Angeles came hours after Musk, the chief executive of electric carmaker Tesla Inc and founder of rocket company SpaceX, concluded two days of testimony seeking to minimize his tweets as offhand comments.

  • Barrons.com

    Tesla Makes the Safest SUV. The Stock Market Doesn’t Care.

    The electric-vehicle pioneer announced it earned a 5-star safety rating in every category for its Model X sport-utility vehicle in the U.S. and Europe.

  • Benzinga

    Tesla's All-Electric Cybertruck To Join Mexican City's Police Force

    Mayor Adrián Esper Cárdenas said the Cybertrucks will be used for police patrols and other services in the central Mexican city of 176,935 people. "I reserved 10 two-motor and five three-motor models," Cárdenas said during a press conference Nov. 29, according to Mexican news outlet El Imparcial. According to Tesla's website, the new truck will come in three versions: a single-motor Cybertruck starting at $39,000; a dual-motor model for $49,000; and a top-of-the-line three-motor variation for $69,900.