TSLA Still A Great Choice For Long Term Call Options
Sep, 01st 03:17
Tesla Motors (NASDAQ:TSLA) has taken the European market by storm as its Model S is the third-best selling EV in the continent, and is taking customers away from European luxury brands. TSLA’s supercharger network in Europe is expected to grow in leaps and bounds by the end of next year as it forays into unexplored areas.
Not to mention, TSLA’s fast-charging stations can charge up half of the 310-mile range of a Model S in just 20 minutes, which will reduce range anxiety and attract more customers.
Further, TSLA’s luxury rivals have been working on plug-in hybrids so far and they are late to the pure electric game, which gives the American automaker an advantage.
TSLA could augment its sales in Europe by selling battery products as the renewable energy market in the continent is already well-established.
So we strongly believe that it’s still good to buy long term call options for TSLA stock.