Nasdaq TSLA Tesla

The NASDAQ 100 Pre-Market Indicator is down -7.83 to 15,217.54. The total Pre-Market volume is currently 40,773,408 shares traded.The following are the most active stocks for the pre-market session: NIO Inc. (NIO) is -0.55 at $9.76, with 2,557,646 shares traded. NIO's current la

Redwood Materials said on Tuesday it has acquired lithium-ion battery recycler Redux Recycling for an undisclosed amount to increase battery-recycling capacity and strengthen its footing in Europe's electric-vehicle battery market.

December S&P 500 futures (ESZ23) are trending up +0.12% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.

Over the last five years, Telsa (NASDAQ: TSLA) has been on a tear. Shares in the electric vehicle (EV) giant have grown by a jaw-dropping 1,263%, dwarfing the S&P 500's return of just 54% over the same period. While the automaker faces near-term challenges from rising competition

Most major stock markets in the Gulf rose in early trade on Tuesday, tracking higher oil prices, although the Abu Dhabi index bucked the trend to trade flat.

Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology.

Fintel reports that on September 18, 2023, Guggenheim reiterated coverage of Tesla (NASDAQ:TSLA) with a Sell recommendation. Analyst Price Forecast Suggests 7.76% Downside

Fintel reports that on September 18, 2023, Goldman Sachs reiterated coverage of Tesla (NASDAQ:TSLA) with a Neutral recommendation. Analyst Price Forecast Suggests 7.76% Downside

China's electric vehicle giant BYD has been on a tear in Southeast Asia, shooting past rivals including Tesla to take more than a quarter of the share of EVs sold in the region.

Tesla ( NASDAQ:TSLA ) stock doesn’t pay a dividend, but there’s actually a new ETF that’s indirectly based on Tesla stock and offers a terrific monthly dividend (currently yielding nearly 48% on a forward basis). However, there may be a price to pay for that yield because the YieldMax TSLA Option Income Strategy ETF ( NYSEARCA:TSLY) won’t provide complete exposure to the upside in Tesla stock. Still, I am bullish on TSLY stock because I like Tesla and big dividends, so this seems like a great combination. I’ve been hearing about TSLY stock on social media a lot lately, and I’m excited to discuss this controversial investment avenue. When you find out how much the stock distributes to its shareholders, you might be shocked. Alternatively, you may be tempted to back up the truck and buy as many TSLY shares as possible. Hold your horses, though, as there are notable benefits and drawbacks to owning the YieldMax TSLA Option Income Strategy ETF. So, let’s dive in without any further ado. The Pros and Cons of the TSLY ETF As I mentioned earlier, Tesla stock doesn’t pay a dividend. On the other hand, the TSLA share price has appreciated greatly over the past few years (though there have been negative years, like 2022). If you’re more of an income-focused investor, then you might be frustrated that Tesla doesn’t pay a dividend. On the other hand, if share-price momentum is your highest priority, then it’s probably fine to just buy and hold TSLA stock if you like the company. Let’s back up for a moment, though. What exactly is the YieldMax TSLA Option Income Strategy ETF, anyway? I won’t get into the complicated details of this, but in a nutshell, the TSLY fund doesn’t actually hold any Tesla common stock shares. Instead, it uses a synthetic covered call strategy (buying a call option and selling a put option). This strategy seeks to track the performance of Tesla stock as closely as possible while also generating income, and that’s where the capital for the dividend distributions comes from. The fund also holds U.S. Treasury bonds, but that’s only a minor source of capital. There's a major drawback to this strategy, though. If you know about options, then you’ll know that selling covered calls will bring you some income, much like a dividend (and the TSLY fund actually pays investors the covered-call income in the form of a dividend). However, selling covered calls also caps (i.e., limits) how much money the investor will make from share-price appreciation. This explains why TSLA stock has more than doubled year-to-date (up 153%), while TSLY stock is "only" 76%. Capping your share-price upside potential with TSLY could incur a substantial opportunity cost if Tesla stock rockets higher. At least you’ll collect some nice dividends along the way, though. Just bear in mind that TSLY’s dividends are subject to change and, in a worst-case scenario, could be eliminated altogether. For instance, the YieldMax website admits that distributions aren't guaranteed with TSLY stock. However, I doubt that the TSLY ETF will suddenly stop paying dividends, as many investors would probably get angry and sell their shares. Another drawback is that TSLY’s gross expense ratio is 0.99%, which is moderately high. On the other hand, owning TSLA stock does not bring an expense ratio with it since it's not an ETF. TSLY isn't the only ETF of its kind. YieldMax does this with other stocks as well. One example is the YieldMax NVDA Option Income Strategy ETF ( NYSEARCA:NVDY) , which loosely follows Nvidia ( NASDAQ:NVDA ) stock and pays a 50.84% annual dividend yield, according to YieldMax. Is TSLY Stock a Buy, According to Analysts? There are no ratings on TSLY stock, but there are plenty of analysts with forecasts for TSLA stock, which TSLY is based on. On TipRanks, TSLA comes in as a Hold based on 11 Buys, 12 Holds, and five Sell ratings assigned by analysts in the past three months. The  average TSLA price target is $270.80, implying 2.1% upside potential. If you’re wondering which analyst you should follow if you want to buy and sell TSLA stock, the most accurate analyst covering the stock (on a one-year timeframe) is  Daniel Ives of Wedbush, with an average return of 14.76% per rating and a 70% success rate. Click on the image below to learn more. Conclusion: Should You Consider TSLY Stock? Only a very specific group of investors ought to consider TSLY stock. For one thing, you have to like Tesla since TSLY would almost certainly drop if TSLA stock plummets. Also, you should prioritize dividend income over capital gains if you’re considering TSLY. Finally, you’ll definitely want to have at least a basic knowledge of how covered calls work (it’s not as complicated as you might think). If you meet those three requirements, then TSLY could be worth considering. Disclosure

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed +0.15%. Stocks on Monday stabilized after last Friday’s sell-off. Bullish factors Monday centered...

Wall Street closed little changed on Monday as market participants looked ahead to the U.S. Federal Reserve's expected decision to leave key interest rates unchanged on Wednesday.

At factories in Japan's industrial heartland, Toyota has turned to self-propelled assembly lines, massive die casting and even old-fashioned hand polishing as it aims to make up for lost ground in battery electric vehicles.

Tech stocks were rising late Monday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 0.3% and the Philadelphia Semiconductor index advancing 0.2%.

Israeli Prime Minister Benjamin Netanyahu urged Elon Musk to strike a balance between protecting free expression and fighting hate speech at a meeting on Monday after weeks of controversy over antisemitic content on Musk's social media platform X.

Wall Street notched tentative gains on Monday as market participants looked ahead to the U.S. Federal Reserve's expected decision to leave key interest rates unchanged on Wednesday.

The growth of an economy is a function of just two factors: the growth in the labor force and the growth in productivity. This article will explore how these two factors may lead to an acceleration of disruptive technologies. 

Tech stocks were higher Monday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 0.8% and the Philadelphia Semiconductor index advancing 0.7%.

Wall Street's main indexes rose on Monday in choppy trading as energy stocks tracked higher crude oil prices, while investors awaited the Federal Reserve's interest rate decision later this week.

Investors looking for stocks in the Automotive - Domestic sector might want to consider either Paccar (PCAR) or Tesla (TSLA). But which of these two stocks offers value investors a better bang for their buck right now? We'll need