Dan Nathan Shares His Thoughts On Tesla Ahead Of Earnings
Dan Nathan spoke on CNBC's Options Action about Tesla Motors Inc (NASDAQ: TSLA). He said the company is reporting earnings on Wednesday and the options market is reporting a 6 percent move. It usually moves on earnings 5.75 percent.
He showed a chart of Tesla and he explained that the company is trading in a well defined down trend, although it looks like it has found some support lately. Nathan added that the stock has to hold $200 until the release of some updates on Model 3.
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