Tesla Stock: $300 Short Target

5 May 2018

People love to be overwhelmingly critical of Tesla Motors, especially given yesterday's analyst call. However, Tesla is seemingly going to expand throughout 2nd quarter 2018. Even given how much money they burnt, they still technically surpassed revenue expectations and are a growing car company. Given where electric cars are heading as well as the moderate success of the Roadster and Model S, it is unreasonable to consider Tesla a failing company. The continuous bidding against it shows some short biases.