In the short term, TSLA will likely bounce upward off its trend line, making this play an easy 10% gain.
Long term, I'm guessing that the production quality of updated Model S and X cars will be much higher than previous cars, sending the stock back into the 800-900 range, if not higher.
Having said that, if TSLA didn't fix its production quality issues while retooling its production lines, then this company is ran by a bunch of buffoons and its stock deserves to crash.
Long term, I'm guessing that the production quality of updated Model S and X cars will be much higher than previous cars, sending the stock back into the 800-900 range, if not higher.
Having said that, if TSLA didn't fix its production quality issues while retooling its production lines, then this company is ran by a bunch of buffoons and its stock deserves to crash.