Tesla is due to release earnings Wednesday afternoon, 1/29. In October, Tesla delivered a surprise quarterly profit and Musk has definitely been on a winning streak. Tesla stock went parabolic, running from around $225 to the current 560 area. No one knows what the stock will do after Wednesday's release but I can assure you that it will be a dramatic move, one way or the other.
Time to lay down a
strangle before the close tomorrow?
1/29 UPDATE:
Big beat on numbers and stock is +40 after hours. It will be an interesting trading day Thursday 1/30.
Live-blogging Tesla's (TSLA) Q4 report and call can be
found here
Q4 report
here
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