BSE SENSEX
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34,038.82-98.49(-0.29%)
TSLA Jun 2021 1000.000 call
| Previous close | 10.30 |
| Open | 10.87 |
| Bid | 10.45 |
| Ask | 10.90 |
| Strike | 1,000.00 |
| Expiry date | 2021-06-18 |
| Day's range | 10.75 - 11.45 |
| Contract range | N/A |
| Volume | 17 |
| Open interest | 44.14k |
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Tesla's bad week in China was months in the making
Tesla Inc has had a terrible week in China, but sentiment against the U.S. electric car company in its second-biggest market had been building as it struggled to keep pace with rapid growth. The pile-on by media and scolding by regulators show how precarious China can be for big foreign brands, and how a company's handling of an incident can turn into a crisis if the country's tightly-controlled news outlets turn against it. Tesla's defiance of industry convention, embodied by founder Elon Musk and a corporate culture that rarely admits mistakes, has won fans in the United States, but has backfired in China.
