Straits Times Index
3,292.69 +10.64 (+0.32%) S&P 500
5,014.21 -21.48 (-0.43%) Dow
37,900.76 +84.84 (+0.22%) Nasdaq
15,562.05 -95.77 (-0.61%) Bitcoin USD
56,792.82 -3,994.58 (-6.57%) CMC Crypto 200
1,187.62 -151.44 (-11.30%)
TSLA Jun 2024 1100.000 put
| Previous close | 380.53 |
| Open | 382.00 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 1,100.00 |
| Expiry date | 2024-06-21 |
| Day's range | 380.53 - 384.85 |
| Contract range | N/A |
| Volume | |
| Open interest | 684 |
ReutersTesla retreats from next-generation ‘gigacasting’ manufacturing process
Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition. Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with thousands of tons of clamping pressure to die-cast large sections of the car’s underbody. Last year, as Tesla developed a new small-vehicle platform, it aimed to punch out the underbody in a single piece, Reuters exclusively reported last September, citing five sources familiar with the automaker’s gigacasting operations.
Barrons.comTesla Gets More Good News From China. The Stock Is Falling.
Shares of the electric-vehicle maker rose about 4% in April, beating the S&P 500 by about 8 percentage points.
Barrons.comAmazon, AMD, and Super Micro Sing the Same Sad Song, and 5 Other Things to Know Before Markets Open.
Tesla takes action amid slowing growth at fast-charging stations, Walmart unveils premium private-label foods and closes health clinics, and other news to start your day.
