I feel like a broken record, but if you haven’t already jumped on all the Tesla opportunities I’ve provided for you, it’s not too late…
Sure, Tesla has already advanced 75% this year, but I’ve been getting signals recently that it could double that figure before the year’s over.
I’m going to give you one more chance… this is your last call to ride this profit.
Tesla (TSLA) continues to defy its short-sellers over and over again.
In fact, according to financial analytics firm S3 partners, Tesla was the biggest nightmare for short-sellers last week (which means it was a profitable gem for buyers).
If you take a look at the table from s3partners.net below, you’ll see that Tesla was the worst performing short-sell last week. You’ll also see that short-sellers lost a net $520 million on Tesla alone.
S3 partners had this to say about the electric-car giants:
“Tesla, the largest equity short in the U.S. market at $10.5 billion, increased 5% last week and was the worst performing U.S. short for the third week in a row. Tesla short sellers are down $4.7 billion in mark-to-market year-to-date P/L (Profit/Loss).”
The reason for Tesla’s most recent success is based on the announcement Elon Musk made about its highly anticipated Model 3 entering the production phase in July.
If you’re long on Tesla, this is good news, because its rise is not over yet.
Your profit amongst all this information can be highlighted by the fact that Tesla just became the most valuable car company in America by surpassing GM (GM) and Ford (F) in quick succession.
The $62 billion electric car company is only 4th in line for the most valuable car company in the world.
Do you think that Tesla will settle for 4th place? I know what I think.
Pairing that with my technical analysis shows me that Tesla hasn’t hit its peak quite yet.
About 2 months ago our very own Sean Bower pegged Tesla as one of his most favored stocks. After this call, Tesla rapidly shot up 38%.
We mentioned around that time that Tesla was battling a strong line of resistance around $280. As you saw, breaking that line saw the stock take on another $100 in a very short time-frame.
But, like I said, it’s not done yet.
Billionaire and Tesla bull, Ron Baron, claims that he sees Tesla crossing the $1,000-mark by 2020.
But I think it’ll be a lot sooner than that.
Tesla has grown 75% in the past 6 months—that a 150% annualized gain.
If Tesla continues on the path it’s on (and I believe it will), it could be up to $950 by this time next year. Surely investors will push it up another $50 to hit that $1,000-mark shortly after.
This stock has all the makings of a highflying stock. The only question is: When should I buy?
And that is a great question. It’s also one that I can answer for you by introducing you to Highfliers Hotline—one of our premium stock recommendation services that’ll be keeping watch on Tesla.
That’s exactly where you could find the final Tesla buy trigger you’ve been waiting for…
