Tesla Aktie News

Tesla Inc.'s (NASDAQ: TSLA) share price is 2.8% higher than a week ago, despite a recall of more than 6,000 Cybertrucks and rumors that CEO Elon Musk might leave the company.

Tesla is recalling 6,197 Cybertrucks in the United States because a detached light bar could fall and pose a road hazard to other vehicles, the National Highway Traffic Safety Administration (NHTSA) said on Thursday.

Tesla will debut its Cybercab at the China International Import Expo in Shanghai which runs November 5-10, an executive at the car maker said on social media on Thursday.

After consolidating for most of October, shares of Tesla Inc. NASDAQ: TSLA are once again knocking on the door of a potential breakout. The stock closed around $450 on Monday, Oct. 27, only a few percent shy of the $470 high from earlier in the month, and there are reasons to think more gains could be on the way.

Tesla's (TSLA 0.25%) board of directors is afraid that if Elon Musk does not get this massive pay package, he might leave the company or lose interest.

Tesla stock hovered near record levels on Wednesday, bolstered by renewed artificial intelligence optimism and a fresh round of bullish commentary from Wall Street. Shares of the electric-vehicle maker traded as high as $464.16 before easing to $460 in early trading, even as the S&P 500 and Dow Jones Industrial Average rose 0.3% and 0.

YieldMax TSLA Option Income Strategy ETF has been a controversial investment and remains so, with a distribution rate of 101%. TSLY has matched the S&P 500 on a total return basis over the past two years, despite increased volatility. The ETF's performance is closely tied to Tesla earnings, as TSLY maintains a long position in Tesla stock.

Increased competition and price cuts have negatively affected Tesla's profitability. Meanwhile, Chinese electric vehicle maker Xiaomi is seeing solid demand for its cars.