Prepare for Battery Day

It’s hard to recommend Tesla as its price is already expensive, $449.76, and it rises and drops largely on any given day. If there is nothing to clearly indicate the direction of Tesla, it’s better off to just leave it alone. Guessing can make you lose your whole position, very fast. However, September 22nd is Battery Day, where Tesla will release all of its fresh ideas, similar to what Apple did today. To sum the market up this year, investors love Tesla, and Battery Day, will give plenty of investors plenty of reasons to run the price up. If Elon Musk mixes some of his heavily regarded positive messages, September 22-23rd could be two big days for Tesla. Call options through the 25th could be a very good idea, with purchasing timing depending on how much you are willing to spend on the relatively expensive premiums Tesla comes with. For a cheaper price, a buy on Thursday or Friday is probably best.

-Darnel Shillingford

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