Stock market today: S&P 500 futures gain after Tesla's China gambit [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
Futures on the S&P 500 ( ^GSPC ) and the tech-heavy Nasdaq 100 ( ^NDX ) were both up roughly 0.2% as Tesla ( TSLA ) shares surged amid upbeat China news. Contracts on the Dow Jones Industrial Average ( ^DJI ), which has fewer tech components, were up about 0.1%. Stocks are eyeing a return to Friday's sharp gains , which came as strong earnings from Alphabet ( GOOG GOOGL ) and Microsoft ( MSFT ) boosted optimism for a lasting Big Tech-driven rally . Quarterly reports from Apple ( AAPL ) and Amazon ( AMZN due this week will put those hopes to the test again, with AI costs and prospects under the microscope. Among techs, Tesla CEO Elon Musk's surprise visit to China on Sunday brought immediate benefits for the EV maker, which cleared two big barriers to rolling out its Full Self Driving software in the country. Tesla shares rose almost 10% in premarket after it reached an FSD-linked deal with Baidu BIDU ) seen as potentially helping stem its sales slump in a huge market. The Chinese
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News
- China's Nio aims to launch one new car model per year under Onvo brand [Yahoo! Finance]Yahoo! Finance
- Elon Musk fired nearly all of Tesla's Supercharger team after argument with top executive [Yahoo! Finance]Yahoo! Finance
- Current Earnings Outlook Reflects Positivity [Yahoo! Finance]Yahoo! Finance
- Tesla must face vehicle owners' lawsuit over self-driving claims [Yahoo! Finance Canada]Yahoo! Finance Canada
- Tesla must face vehicle owners' lawsuit over self-driving claims [Yahoo! Finance]Yahoo! Finance
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 5/13/24 - Form DEFA14A
- 5/13/24 - Form PX14A6G
- 5/10/24 - Form DEFA14A
- TSLA's page on the SEC website