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goodppldonttrade
Jul 29, 2018 7:42 PM

$TSLA LONG  Long

Tesla, Inc.NASDAQ

Description

With earnings approaching like a slow moving freight train, TSLA stock has had a bearish outlook. Expecting a sharp sell off when markets open Monday with panic selling. Although the CEO, Elon Musk, has promised investors and tried to spook shorts with a profitable Q2. Earning estimates still being negative, we might sell a serious estimate beat. With the overall production targets being met with the Model 3 it should be interesting to see how this hopefully pushed the company to become profitable. Elon has made it no secret via twitter that short sellers should be concerned so hopefully this will translate in earnings. Personally, I am longing TSLA in my own portfolio mainly because I am a huge Elon fan. Although TSLA doesn't have the best fundamentals, I believe this company could be the future of electric cars with Elon continuously backing the company.
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