Tesla Motors (TSLA) Gets Some Respect

[OptionTiger 10]

As of next week (July 15th specifically, Tesla Motors (TSLA) is finally getting the respect it may deserve. TSLA enters the Nasdaq-100 (NDX Index) on that day, replacing Oracle (ORCL), which moves to the NYSE.

 

TSLA’s market cap is $12B, no chump change. However, critics have arguably not given it the respect many say it deserves. And the stock itself has suddenly burst into the scene, and in the last 3 to 4 months, has been one of the biggest movers in terms of Average True Range (about 8 to 10 points per day).

 

To be clear, TSLA is far from profitability, and general consumer perception places their cars in the “exotic” category, something the company may have worked on intentionally.

 

But the cars are stylish, have serious performance and most importantly, are 100% battery-run. You’ve gotta love that..

 

As for the stock, this could be a boost since index funds are bound by their charter to add new entrants to their portfolio. Short-term BULLISH…

 

Do you trade TSLA ? Let us know. If you don’t, you should look at the Options. It’s definitely one of the more exciting, tradable Options right now…

[tmcpherson 10]

Just purchased TSLA July 13 130 Calls and already making some money on that one

[ntrader 10]

TSLA market cap is $20.17, $11 billion bigger than Fiat's...

[Ammeo 10]

I would have done any kind of investment in it 6 months ago bt now its price has soared so much that i am in a little doubt it has gone overvalued..

[tradingwizzard 10]

As of next week (July 15th specifically, Tesla Motors (TSLA) is finally getting the respect it may deserve. TSLA enters the Nasdaq-100 (NDX Index) on that day, replacing Oracle (ORCL), which moves to the NYSE.

 

TSLA’s market cap is $12B, no chump change. However, critics have arguably not given it the respect many say it deserves. And the stock itself has suddenly burst into the scene, and in the last 3 to 4 months, has been one of the biggest movers in terms of Average True Range (about 8 to 10 points per day).

 

To be clear, TSLA is far from profitability, and general consumer perception places their cars in the “exotic” category, something the company may have worked on intentionally.

 

But the cars are stylish, have serious performance and most importantly, are 100% battery-run. You’ve gotta love that..

 

As for the stock, this could be a boost since index funds are bound by their charter to add new entrants to their portfolio. Short-term BULLISH…

 

Do you trade TSLA ? Let us know. If you don’t, you should look at the Options. It’s definitely one of the more exciting, tradable Options right now…

 

as far as I understood, in order to justify the current capitalization they need to sell a hell of a lot cars.....quite difficult for a company whose main product is looked to be exotic.......it remains to be seen:(

[Capital 10]

I bought at the start of the year for 33. I recently sold for 170.

[Tradesight 10]

On the weekly chart TSLA looks like it's spent (out of gas?) for now. The chart is currently moving laterally and consolidating. Lateral ranges can become reversal points but there is no evidence of this yet. Standing by for a resolution of the recent range.

[ntrader 10]

Tesla TSLA Model S sport sedans will be added to Hertz's high-end rental fleets in Los Angeles and San Francisco