Where Were Wall Street's Tesla Motors Inc Bulls When Stock Traded at $50?

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Mark Melin
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Tesla Motors Inc (NASDAQ:TSLA) is a stock with high risk and high reward, note CLSA’s Andrew Fund and Emmanuel Rosner, notes a recent report on the Barron’s blog. Tesla’s high risk-reward proposal The report outlines the investment as a car company as a high risk-reward proposal, but doesn’t take into account the real monster upside: as an innovator in battery technology that might replace combustible engines and have uses well beyond automobiles. “Tesla offers a high-risk, high-return opportunity with its aspirations to electrify the auto industry,” noted Fund and Rosner. One wonders where this analysis was when Tesla was trading near…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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