This is not my first TSLA trade but it feels like one. Back in early 2013 when I did some put selling in TSLA, it was a completely different stock in so many ways. Two years ago Tesla was a small cap stock trading for $20+ with a terrific story. Today Tesla is one of the top momentum stocks on WallStreet. And it the process, it is leading the way of electric personal transportation. Before we get all dizzy with grand visions of the future. Something that Tesla management exploits rather expertly. We need to circle back and answer the age old question - Where is the money? In other words, can we make money on TSLA today. Not 10 years from now, when the grand future that Elon Musk paints will have become a reality (hopefully).
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