Here we go, Spies! It's like an epic boxing match is about to happen in 2018.

Except it's potentially setting up to be a bloodbath on Wall Street. That's because it's becoming clear that the love for Tesla is starting to get questioned. Enough of the rhetoric, and hopes and dreams of Tesla CEO, Elon Musk.

The Street only speaks one language: Profits. 

With the Model 3's launch flub — which may turn out to be the biggest f#$% up in the history of an automaker as there is insane, pent up demand — the guns are turning towards the equity and ready to unload their payload. The first move is coming via JP Morgan, who is now telling investors to short shares of TSLA. 

Due to increased competition in 2018 and a potential capital raise that would further dilute the stock, a JPM analyst believes there's a potential 40 percent dog leg down over the next 12 months. Although 40 percent sounds like a ridiculous number, you do have to recognize the company's super inflated valuation, which even Musk agrees is unwarranted. 

Having said that, I am curious: WHICH side of the TSLA investment/trade are you on? And, do you consider TSLA an investment or merely a trade at this point?

What say you, Spies?


**Note: Although it's painfully obvious, let me remind you that AutoSpies is not dolling out investment advice and it is in your best interest to consult a licensed, financial professional before making any investment decisions. In addition, I have no holdings in TSLA, or any automotive equity for that matter, at this time.

Read Article

JPM Has Bad News For TSLA Fans And Is Spreading The Gospel — WHICH Side Of The Investment/Trade Are YOU On?

About the Author


User Comments


Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img][/img]