Tesla’s stock this year has had a lot of ups but also a lot of downs. Elon’s pipe dream is great and we admire him for it but there are questions around whether or not the business is sustainable. Will their debt load cripple them? Will they be able to raise more money to continue operations? Will they be able to produce more cars? Will they be profitable? With all these questions looming, it wasn’t hard to decide whether or not to take profits.
Join US vs HERD’s free options trading group: http://bit.ly/UVHFreeOptionsGroup
Follow and listen to our Spotify playlist: http://bit.ly/WorkEthicPlaylist