Tesla: A House Of Cards Ready To Collapse
Summary
- The market so far has ignored most of the risks associated with Tesla and propelled its stock to new highs recently.
- The potential elimination of tax incentives for purchasing EVs and the implementation of new tariffs under the Trump administration undermine Tesla’s bullish thesis.
- Tesla’s current price action makes no sense to us, and we continue to believe that TSLA stock is a sell.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.