Tesla is one of those stocks that I simply won't buy. But, I won't short it either. And, I don't trade options on Tesla. The bottom line is that it has a PE of 147. Operating margin is only 6%. Yearly revenue growth is about 9%. No dividend. In my opinion, Tesla should be trading at about $43.Vegas » Today, 10:51 am » wrote: ↑ @nefarious101 what do you think? I only took out one. I am in the green so far. Tesla is tanking. I get the feeling it won't bounce back for a while.
I won't short it because Tesla has lots of fans. And, for whatever reason, institutional investors still like it. I just stay far away from it.