|Bid||182.13 x 1100|
|Ask||182.15 x 1100|
|Day's range||173.36 - 182.42|
|52-week range||166.19 - 402.67|
|Beta (5Y monthly)||1.91|
|PE ratio (TTM)||56.61|
|Earnings date||24 Jan 2023 - 30 Jan 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||263.11|
Yahoo Finance's Ines Ferre joins the Live show to break down how stocks are performing following UMich consumer sentiment data.
Tesla Inc will suspend Model Y assembly at its Shanghai plant between Dec. 25 and Jan. 1, according to an internal memo detailing the automaker's latest production plan, reviewed by Reuters, and two people with knowledge of the matter. The suspension of assembly at the end of the month would be part of a cut in planned production of about 30% in the month for the Model Y, Tesla's best-selling model, at the Shanghai factory, the two people said. The Shanghai factory, the most important manufacturing hub for Elon Musk's electric vehicle company, kept normal operations during the last week of December last year.
"When there are macroeconomic risks, it is generally wise to avoid using margin loans on any company, as stocks may move in ways that are decoupled from their long-term potential," Musk tweeted late on Thursday, without naming any companies. The view comes as Musk's bankers consider providing him with new margin loans, backed by Tesla's stock, to replace some of the high-interest debt on his Twitter deal, as per a Bloomberg News report. Musk closed the Twitter acquisition with $13 billion in loans from banks and a $33.5 billion equity commitment.