Tag: tesla model

New Toyota Prius to be Unveiled as Hybrids Lose Luster to Battery EVs
Technology

New Toyota Prius to be Unveiled as Hybrids Lose Luster to Battery EVs

[ad_1] Sales of the pioneering hybrid have fallen from a peak of 500,000 to around 86,000 last year. Toyota Motor Corp. is about to take the wraps off a revamped Toyota Prius, the latest iteration of a car that normalized the idea of owning an environmentally conscious vehicle more than two decades ago.Leonardo de Caprio drove one. Owning a Prius was cool, even a status symbol, and the less-frequent and cheaper trips that owners made to the gas pump were revelatory. Over the years, hybrid drivetrains found their way into other Toyota products. Other carmakers rolled out the technology, making it a routine aspect of driving for millions. Even though the gas-sipping hatchback — with its combined combustion engine, electric motor and battery powertrain — paved the way for Teslas and othe...
Tesla Options Hint at Trouble Ahead With Bets Around $200
Technology

Tesla Options Hint at Trouble Ahead With Bets Around $200

[ad_1] Tesla Inc. was the one of the biggest laggards in the S&P 500 Index. Tesla Inc. was the one of the biggest laggards in the S&P 500 Index on Monday, and options traders are betting the stock could drop further before the weekend. A put contract with a Friday expiration and a strike price of $200 was the most-traded contract for Tesla on Monday and among the 15-most popular on US exchanges overall during the day. The bearish option in the electric carmaker implies the stock has at least another 5% to fall this week. Tesla closed near $211 on Monday, down 1.5% from Friday's close after lowering prices across its lineup in China and options investors are betting shares could fall below $200 by Friday, making the $200 put contract in the money -- or available for immedi...