Tesla (TSLA) January option implied volatility at 60
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January 17, 2023 1:28 PM EST
Transcripts from a previously unreported testimony by Ashok Elluswamy, director of Autopilot software at Tesla, regarding a video made to promote the EV makers self-driving technology shows that the company staged the event to make it look like the vehicle was operating on its own. The transcripts come from a July deposition taken as evidence in a lawsuit against Tesla for a 2018 fatal crash. The video, which remains archived on Teslas website, was released in October 2016 and promoted on Twitter by CEO Elon Musk as evidence that Tesla drives itself.
The video was supposed to show... More
January 17, 2023 8:13 AM EST
Bank of America reiterated a Neutral rating on Tesla (NASDAQ: TSLA) and cut their price target on the EV automaker to $130 (from $135) as the stock has s declined sharply since the end of 3Q22 amidst investor concerns on demand and increased competition in the market. These concerns have been further fed by price cut announcements across China, the US and Europe.... More
