By Krystal Hur
Traders are expecting fireworks following Tesla's earnings report due Tuesday after the close, with the shares down more than 6% in Monday's latest trade-war retreat.
The options market is pricing in a 9.7% move, higher or lower, in Tesla shares in the session following its earnings, according to Option Research & Technology Services data.
Shares of Tesla are down more than 44% this year, hit by growing consumer criticism of the automaker, Chief Executive Elon Musk's involvement in the Trump administration and the general risk-off mood in markets the past three weeks.
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(END) Dow Jones Newswires
April 21, 2025 12:42 ET (16:42 GMT)
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