The markets probably have issues in July. The DOW is looking weak and is likely the leader on the way down the same as the NASDAQ led on the way up.
This will give a big buying opportunity for the likes of Tesla.
As for the company, I think we might see another run if the June deliveries were good. This might be the proverbial sell the news.
Also lost in the automotive news is the fact Tesla agreed to send 1,000 Powerwalls to a utility in Vermont. This is a division that could be bigger than the automobile division.
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With the benefit of hindsight, your call was spot on with the deliveries. My short didn't look good at the opening bell, but I added on to the position to bring my average down and I'm still expecting a correction. Let's see what happens next week.
I hope you're right about both the buying opportunity and powerwall utility. Tesla is still an "amazon in the making" in its own respect, so I believe the company will far exceed $200bln.. for now, I think it's overpriced
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