Finally It’s Time To Consider Call Options In TSLA Stock
Sep, 07th 04:33
Recent news has painted a positive picture of Tesla (NASDAQ:TSLA), with the first orders of the Model X set to be delivered at the end of September. However, the first orders of the Model X demonstrate continued production problems, exaggerated promises, and profligate spending that has led to dilution.
The Signature series Model X will cost between $132,000 and $144,000 with perhaps 1,000 cars being delivered before the end of this year, the Model 3 will not be delivered until the end of 2017 at the earliest, and Tesla has lowered its guidance for the amount of cars it will ship for the year from 55,000 to between 50,000 and 55,000.
Looking at Tesla in the context of low oil prices and broader market changes highlights serious challenges in the months and years ahead. Although Tesla bulls have helped its share price rally over the past few months, the Tesla bubble finally appears to be bursting.