TSLA Jun 2021 405.000 call

OPR - OPR Delayed Price. Currency in USD
560.00
0.00 (0.00%)
As of 2:33PM EST. Market open.
Stock chart is not supported by your current browser
Previous Close560.00
Open560.00
Bid518.50
Ask533.00
Strike405.00
Expire Date2021-06-18
Day's Range560.00 - 560.00
Contract RangeN/A
Volume1
Open InterestN/A
  • Toyota Supra, Tesla Model 3 make Consumer Reports top 10 best cars list
    Autoblog

    Toyota Supra, Tesla Model 3 make Consumer Reports top 10 best cars list

    Consumer Reports is out with its top 10 picks for best cars of the year, with increased emphasis for 2020 on safety technologies and its rankings based for the first time on price point rather than segment categories. Models from Asian brands cleaned up, with the Tesla Model 3 as the lone entrant from an American automaker on the list and the controversial Toyota Supra making an appearance. Among 33 brands tested, Porsche was named top vehicle brand, with Genesis staying at No. 2 and Subaru dropping two places to third.

  • Tesla Model 3 makes Consumer Reports 'Top Picks' list for 2020
    TechCrunch

    Tesla Model 3 makes Consumer Reports 'Top Picks' list for 2020

    Tesla's Model 3 is among the top 10 choices for car buyers in 2020, according to Consumer Reports. The nonprofit organization released its "Top Picks" of the year on Thursday, and it included Tesla's most affordable vehicle alongside cars from automakers including Toyota, Subaru, Honda, Kia and Lexus. Consumer Reports also specifically called out a worry about the Model 3 that "Autopilot, an optional system on the vehicle, does not require the driver to stay engaged, creating safety concerns." Tesla has always positioned Autopilot as a driver-assist feature that still requires a driver to be ready to take over control at a moment's notice, but critics have suggested its implementation can lead to misuse resulting in inattentiveness.

  • Here are two charts that show the stock market isn’t anything like that of the dot-com mania
    MarketWatch

    Here are two charts that show the stock market isn’t anything like that of the dot-com mania

    The huge surge in stocks like Tesla, Virgin Galactic and Stamps.com have brought back some trader memories of the heady days of the dot-com boom. But Robert Buckland, a global strategist at Citi, studied stock market distributions to show the market of now is not really that similar to that of the dot-com days.

  • Bloomberg

    Brazil to Woo Tesla During Bolsonaro’s Trip to U.S. in March

    (Bloomberg) -- Brazil President Jair Bolsonaro will travel to the U.S. next month for the fourth time in a year with a pro-business agenda that includes trying to convince electric vehicle manufacturer Tesla Inc. to set up a plant in the South American country.Bolsonaro’s visit will be on March 7-10 and his plans include attending a business seminar in Miami, according to the presidency’s press office. On Twitter, Bolsonaro said his “extensive agenda” consists of the possibility of Tesla building a factory in Brazil, without providing further details. The Palo Alto-based company didn’t immediately reply a request for comment.Since taking office last year, Bolsonaro has revamped his nation’s foreign policy by pursuing closer ties with the U.S. and its allies while eschewing multilateralism. So far, those efforts have yielded mixed results. While U.S. President Donald Trump plans to promote Brazil’s bid to join the Organisation for Economic Co-operation and Development and refrained from placing tariffs on Brazil’s steel, he has also upheld a ban on the country’s fresh beef.An encounter between Trump and Bolsonaro during his visit is almost a given, White House economic adviser Larry Kudlow told reporters in Washington on Friday.“I would almost certainly expect him to be meeting with President Trump, they are friends, looking forward to the bilateral,” he said.Nicknamed by some as “Trump of the Tropics,” Bolsonaro has made his admiration of his U.S. counterpart no secret. The Brazilian president has repeatedly forecast Trump will win re-election this year and has even gone as far as broadcasting himself watching the U.S. head of state’s speeches.Read more: Brazilian President Streams Himself Watching Trump’s Iran SpeechWhile in the U.S., Bolsonaro will also participate in the event “Brazil-U.S. Business Relations in Florida” organized by export agency Apex. More than 300 business executives are expected to attend the seminar, which will feature presentations on Brazil’s economic outlook, business climate and efforts to privatize billions of dollars in state-controlled assets.The Brazilian presidency’s press office wasn’t immediately able to confirm whether or not Bolsonaro will meet Trump during the March trip.(Updates with Kudlow comments from fourth paragraph.)\--With assistance from Dana Hull.To contact the reporters on this story: Simone Iglesias in Brasília at spiglesias@bloomberg.net;Josh Wingrove in Washington at jwingrove4@bloomberg.netTo contact the editors responsible for this story: Juan Pablo Spinetto at jspinetto@bloomberg.net, Matthew Malinowski, Matthew BristowFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Everi, Franklin Electric, Tesla, General Motors and Fiat Chrysler highlighted as Zacks Bull and Bear of the Day
    Zacks

    Everi, Franklin Electric, Tesla, General Motors and Fiat Chrysler highlighted as Zacks Bull and Bear of the Day

    Everi, Franklin Electric, Tesla, General Motors and Fiat Chrysler highlighted as Zacks Bull and Bear of the Day

  • Coronavirus slows China’s property market to a crawl — and even the most robust real-estate app is no match
    MarketWatch

    Coronavirus slows China’s property market to a crawl — and even the most robust real-estate app is no match

    “I’ve lived here for five years, and it was pretty much like actually being in my apartment,” she said of the virtual-tour experience. Few sectors have escaped the impact of the epidemic, which has brought China’s economy to a standstill. Within China’s property market, a number of popular apps offer everything you’d need to find and buy a house — search functions with easy-to-use selection criteria such as location, price and unit type; realistic virtual-tour experiences; the ability to chat with agents and sellers; a section showing how “hot” properties are with real-time updates on how many people have viewed units; and even mortgage services.

  • Solar and other alternative energy stocks are enjoying a boom, and Wall Street is on board
    MarketWatch

    Solar and other alternative energy stocks are enjoying a boom, and Wall Street is on board

    Stocks of solar-power and other alternative-energy companies have rallied this year, with some on Wall Street saying that the boom can last this time around.

  • Tesla resumes tree cutting in Germany to build Gigafactory
    Reuters

    Tesla resumes tree cutting in Germany to build Gigafactory

    Tesla Inc said it had resumed tree cutting in Gruenheide, Germany so it can construct its first European car and battery factory following moves by environmentalists to stop local deforestation. "Tree clearance is proceeding in an orderly manner," Tesla said on Friday. There were no environmentalists holding up the process, Tesla's spokeswoman Kathrin Schira said in a statement.

  • Consumer Reports picks its top cars and ranks them by price
    MarketWatch

    Consumer Reports picks its top cars and ranks them by price

    Consumer Reports picks the best vehicles by price and required safety features to shape its best of 2020 list.

  • Reuters

    Brazil's Bolsonaro to discuss Tesla plant in visit to the U.S.

    Brazil's President Jair Bolsonaro on Friday said on Twitter that he will be discussing the potential opening of a Tesla plant in Brazil during his trip to the United States in March, among other matters. On Thursday, the Brazilian president's son and lawmaker Eduardo Bolsonaro said on Twitter that the Brazilian government was working to lure Tesla Inc to open a plant in the country.

  • Tesla Gets Go-Ahead to Resume Clearing Forest in Germany
    Bloomberg

    Tesla Gets Go-Ahead to Resume Clearing Forest in Germany

    (Bloomberg) -- Tesla Inc. has overcome a legal roadblock standing in the way of Elon Musk’s plan to build an electric-car factory in Germany.A Berlin-Brandenburg court on Thursday ruled that Tesla can resume cutting down trees at a forest site in the small town of Gruenheide to make way for its first assembly plant in Europe. That puts the U.S. carmaker on track to start construction before the start of a crucial breeding period for local wildlife in March.The court found that local authorities didn’t violate laws when they allowed work on the factory to start, throwing out a complaint by Gruene Liga Brandenburg, an environmental group that claimed Tesla and local authorities were sidestepping regulations to rush the project.The decision is a boon to Tesla’s ambitious timetable to have the plant up and running by the middle of next year. The company plans to eventually produce as many as 500,000 cars a year at the site, employing 12,000 people and posing a serious challenge to Volkswagen AG, Daimler AG and BMW AG.Tesla shares were down about 1.8% to $883.21 in pre-market New York trading, from a close of $899.41 on Thursday. The stock has more than doubled this year, giving the company a market value of about $166 billion.Musk, Tesla’s chief executive officer, recently tried to ease local concerns about water usage at the plant, which would border a nature reserve.Local officials had warned that construction could be delayed by six to nine months if the forest isn’t cleared by mid-March. Tesla has already cut down two-thirds of the trees and should be able to fell the remainder in time.“It’s a good signal for environmental protection, jobs, and future technologies,” Economy Minister Peter Altmaier said in a statement. “We’ve learned that we’ll only have a chance in such significant projects if we can come to decisions in an appropriate time frame.”Brandenburg’s environment ministry this month gave Tesla a preliminary green light to start cutting down trees in an area equivalent to 100 soccer fields ahead of granting final approval. The court stopped the process with an injunction on Feb. 15. By late Thursday, the appeals court ruled that legal requirements to allow early construction were met.Gruene Liga has warned that Tesla’s plant could threaten the region’s water supply and overburden local transport infrastructure. The group argued that authorities shouldn’t have allowed the forest to start being cleared until after March 5, the deadline set for environmental groups to comment on the project.Local officials argue the site is an inferior pine forest planted to be harvested in the first place.The factory will be designed with “sustainability and the environment in mind,” Musk said last month on Twitter, adding Tesla will plant three new trees for every one cut. The company still needs final approval for the project from authorities in the state of Brandenburg.Tesla will also have to scare off or relocate wolves, bats, snakes, ants and lizards until construction is over. Under German regulations, the project must consider the breeding period for local wildlife in spring.(Updates with Economy Minister statement in seventh paragraph.)To contact the reporters on this story: Karin Matussek in Berlin at kmatussek@bloomberg.net;Stefan Nicola in Berlin at snicola2@bloomberg.netTo contact the editors responsible for this story: Anthony Aarons at aaarons@bloomberg.net, Christopher Elser, Chester DawsonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Mom and Pop Are On Epic Stock Buying Spree Fueled by Free Trades
    Bloomberg

    Mom and Pop Are On Epic Stock Buying Spree Fueled by Free Trades

    (Bloomberg) -- Small investors are back. In a big way.Their fingerprints are on Apple Inc.’s staggering rally. They piled into Tesla Inc. as it tripled, and turned speculative fliers like Virgin Galactic Holdings Inc. into some of the most heavily traded shares in the country. Why the enthusiasm? Some see a link to decisions by brokerages to cut commissions on trades to nothing.While it’s tough to know what’s causing what -- bull markets are fueled by new converts but also lure them -- trading volume at online and discount brokers has exploded. TD Ameritrade Holding Corp., which started offering free trading in October, has seen million-trade days multiplying at a record pace.Along with E*Trade Financial Corp., daily average revenue trades -- a standard industry metric that may be a bit of a misnomer now since buying and selling is free -- have almost doubled to an all-time high since last September, data compiled by Sundial Research showed.“When you take a bull market and juice it with zero commission trading, we can expect it to generate interest among retail accounts. That, it did,” said Jason Goepfert, president of Sundial. “Retail traders have become manic.”Individual investors were seen as indifferent participants for much of the 11-year bull market. No more. The latest leg of their emergence times closely with October, when E*Trade, Charles Schwab and TD Ameritrade slashed commission fees to zero. Not that it’s firm proof of anything, but since the start of that month, the S&P 500 is up 13% and the Nasdaq 100 has surged 24%.Conversations with a handful of clients found lots of praise for zero-commission trades but mostly conservative purchases -- index funds and blue chips. Matt Hermansen, 23, who works for a concrete company in Oakland, California, said the absence of fees makes him more willing to trade.“I’ll invest smaller amounts. Before I never really invested anything less than $1,000, $500 minimum,” he said in a phone interview. “Now if I have enough to buy an extra share, I’ll do it. I’ll do like $300.”At TD Ameritrade, the number of days where the amount of trades topped 1 million reached 38 during the fiscal first quarter ended Dec. 31, according to Steve Boyle, interim president and chief executive officer. That compares to 23 such days in all of fiscal year 2019.It’s “a new world in discount brokerage where price no longer clouds the comparison for trades,” Boyle said in an earnings statement on Jan. 21. By that date, the firm’s monthly volume had already risen 40% from a year ago, averaging 1.4 million trades per day.At Charles Schwab, similar trends has played out. Daily average revenue trades have increased 74% since the firm’s fee cut, Sundial’s data showed.Randy Frederick, a vice president of trading and derivatives at Charles Schwab, says the surge in trading also reflects a growing confidence in the bull market. Indeed, from the coronavirus outbreak to Apple’s sales warning, nothing has been able to stop shares from marching higher.“It’s partially driven by free commissions, but I don’t think it’s just that, because not everyone is offering free commissions,” Frederick said. “The fact that we have been in a bull market for a long time, people are just optimistic. Things are going up and they continue to go up.”U.S. households are turning more optimistic on the stock market. According to the latest sentiment reading from the Conference Board, the share of respondents expecting stocks to rise in the next year advanced to 43.1% in January, the highest since October 2018.Hot stocks get the most attention. At TD Ameritrade, Apple, Microsoft Inc., Tesla and Virgin Galactic have been among the highly traded this year, according to JJ Kinahan, the firm’s chief market strategist. Shares of the two tech giants have climbed at least 9%, double the S&P 500’s gain. Tesla, Elon Musk’s automaker, and Virgin Galactic, Richard Branson’s space-tourism company, have done even better, with triple-digit advances. Virgin Galactic, in particular, has seen retail investors talking up their positions on message boards like r/wallstreetbets on Reddit.“A lot of our millennial clients over the past six months were buyers of Tesla,” Kinahan said. “Younger people buy products they are familiar with, or more importantly, think are going to be viable products down the road,” he added. “It does make sense to say that some of these, maybe Virgin Galactic, may be a product that makes sense in 10 years.”For Peter Cecchini, chief global market strategist at Cantor Fitzgerald LP, affection among retail investors for both tech stocks and loss-making companies is creating flashbacks to the internet frenzy in late 1990s.“There’s sometimes no fundamental reason for it. It just is based on perception -- a perception based on narratives that run only an inch deep,” he said in note. “Let’s see how much longer it persists. This kind of activity often unwinds much faster than the wind up.”\--With assistance from Claire Ballentine and Esha Dey.To contact the reporters on this story: Lu Wang in New York at lwang8@bloomberg.net;Vildana Hajric in New York at vhajric1@bloomberg.netTo contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Chris Nagi, Richard RichtmyerFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters

    Russian driverless tech company Cognitive Pilot sets sights on IPO

    Russian technology start-up Cognitive Pilot, which makes components for driverless vehicles, is considering an initial public offering (IPO) after 2023, its chief executive told Reuters. Cognitive Pilot develops components for self-driving cars as well as autonomous control systems for agricultural machinery, trains and trams. It lists state rail operator Russian Railways, farming conglomerate Rusagro and South Korean auto parts maker Hyundai Mobis among its clients.

  • Reuters

    RPT-China's Geely starts online auto sales as virus epidemic keeps buyers at home

    Chinese automaker Geely has launched a service for customers to buy cars online and get them delivered directly to their homes, in a bid to drum up sales as the coronavirus outbreak prompts buyers to stay away from showrooms. Consumers can order and customize their cars on Geely's website, it said in a statement. The coronavirus has killed 2,236 people and stricken more than 75,400 in mainland China, and strict public health measures to contain its spread have severely disrupted business and consumer activity.

  • Benzinga

    Tesla Gets Court Approval To Continue Work At Berlin Gigafactory

    The preparatory work — on what would be the automaker's first factory in Europe — was halted when the higher administrative court of Berlin-Brandenburg granted an injunction against Tesla clearing the Grünheide forest last Saturday, according to DW. Tesla had purchased 741 acres of land from the Brandenburg state government for about $44 million, as reported by DW, and plans to erase about 227 acres of this forest land to build the so-called "gigafactory" announced last November.

  • Virgin Galactic's Share Price Has Left the Stratosphere
    Bloomberg

    Virgin Galactic's Share Price Has Left the Stratosphere

    (Bloomberg Opinion) -- A year ago Richard Branson was on his private island, Necker, when the former Twitter executive Adam Bain came to see him with a proposal for how to take Branson’s suborbital space travel company public.The bearded British billionaire is doubtless glad he took the meeting: After an unsteady start, Virgin Galactic Holdings Inc.’s valuation has rocketed. The stock has surged more than 400% since a low in December, valuing the company at close to $8 billion, or almost 2,000 times the revenues it’s estimated to have generated in 2019. (For comparison, Uber Technologies Inc. trades on about 5.5 times last year’s revenue).Vieco USA, a Virgin-controlled entity, still owns more than half of the shares,(1) meaning Branson’s net worth — estimated by the Bloomberg Billionaires Index at about $5 billion before the listing — is suddenly a whole lot bigger. The loss-making company is now his most valuable asset. There haven’t been any big company developments to justify such market euphoria, which makes you wonder whether it’s sustainable. The stock gains since the start of this year are about double those enjoyed by Tesla Inc.’s rip-snorting shares.Several hedge funds, including Suvretta Capital Management, which owns 3.4% of Virgin Galactic’s equity, have profited from the surge but plenty of its peers are betting that a meeting with cold reality is inevitable. About 30% of the free float has been shorted, according to IHS Markit data. This space battle isn’t for the fainthearted, and there’s a danger that overenthusiastic retail investors end up getting hurt. On Thursday, the stock rose as much as 13%, erased all those gains, then fell as much as 18%, before closing broadly unchanged.In fairness, Virgin Galactic’s technical achievements are impressive, even inspiring. Branson’s company has spent years perfecting its product, giving it a head start in the nascent space tourism business. At $250,000 a ticket for a 90-minute flight (including a few minutes of zero-gravity weightlessness) it could prove to be pretty lucrative. The company might have almost $600 million of yearly revenue by 2023, according to a management projection.But, as I’ve noted before, a lot can go wrong when your business is carrying tourists into suborbital space and twitchy regulators are poring over your every move. Any unexpected delays or interruptions (never mind an accident) would cause the stock to swiftly lose altitude.As with Elon Musk’s Tesla faithful, Virgin Galactic’s fans don’t seem too bothered by these near-term challenges. One hope among investors is that the company will use the technology and experience gained from ferrying tourists into space to build a potentially far more lucrative market: intercontinental hypersonic flight.Yet the regulatory hurdles to launching such flights will be daunting. Perfecting the technology will require much more than the $430 million in net proceeds that Virgin Galactic received from the listing.(2)It’s conceivable, then, that the huge run-up in the stock — if sustained — might tempt Branson to raise more money, just as Tesla did last week with a $2 billion stock offering. The investor enthusiasm shown for Branson’s company won’t have escaped Musk’s attention either. His Space Exploration Technologies Corp. (SpaceX) has had no trouble raising money in private markets; it’s been valued at about $33 billion. But the Tesla founder is also considering a public offering of SpaceX’s internet offshoot, Starlink, in a few years, and any market fervor around space investing would make that easier. A hard landing for Virgin Galactic investors could change the dynamic.For now, Branson could afford to splash out on another private island if he wanted. Or maybe some acreage on the moon. (1) Vieco owns a 58.6% stake and Branson is the beneficial owner of 80.7% of that, according to this filing.(2) Virgin Galactic could receive a further cash boost if warrants conveying the right to purchase a total of 31 million shares are exercised for cash.To contact the author of this story: Chris Bryant at cbryant32@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Goldman Sachs warns of imminent risk for stocks due to complacency on coronavirus
    MarketWatch

    Goldman Sachs warns of imminent risk for stocks due to complacency on coronavirus

    JPMorgan and Goldman Sachs are both worried about investor behavior right now. Our call of the day comes from the latter, who warns the coronavirus may be a bigger hit to U.S. earnings than investors think.

  • Oilprice.com

    Tesla’s Secret Weapon In The EV Revolution

    China is not only the world’s top supplier of battery metals, but also the world’s top processor, and that means the country is vital to the electric vehicle revolution

  • Social Capital chief's Virgin Galactic stake has tripled to over $1B this year
    American City Business Journals

    Social Capital chief's Virgin Galactic stake has tripled to over $1B this year

    Chamath Palihapitaya holds the stake after the Palo Alto-based blank-check company he created helped Richard Branson take his New Mexico-based space tourism company public last fall.

  • How Twitter, Facebook Will Help Uncover The Next Tesla Stock
    Investor's Business Daily

    How Twitter, Facebook Will Help Uncover The Next Tesla Stock

    Andy Swan of LikeFolio joined the podcast this week to discuss how social media can help identify movers like Tesla stock before they make their big runs.

  • German court tosses injunction, allows Tesla to clear trees for factory near Berlin
    MarketWatch

    German court tosses injunction, allows Tesla to clear trees for factory near Berlin

    A German court on Thursday overturned an injunction that has halted Tesla Inc.’s preliminary work to prepare to build its first European plant on the outskirts of Berlin, defeating a move by local environmentalists to stop Tesla from clearing a patch of forest.

  • Tesla gets court approval to clear forest for German Gigafactory
    Reuters

    Tesla gets court approval to clear forest for German Gigafactory

    Tesla Inc got approval from a German court on Thursday to continue to cut down forest near the capital Berlin to build its first European car and battery factory, in a defeat for local environmental activists. The court said in a statement it had rejected urgent applications to stop the land being cleared of trees from several environmental groups, adding its ruling was final. The U.S. electric carmaker announced plans last November to build a Gigafactory in Gruenheide in the eastern state of Brandenburg that surrounds Berlin, a decision that was initially lauded as a vote of confidence in Germany.