Tesla Motors shares fell 13% . . . after the world’s #1 electric car maker reported dismal earnings.
But another tiny $5 stock could put Elon Musk out of business – and hand investors 2,100% profits.
Watch this video for urgent details.
Tesla Motors (NASDAQ: TSLA) reported revenues that fell short of expectations – coming in at $6.3 billion.
Even worse, the company reported a loss of $1.12 per share versus expectations of $0.40.
The market for electric cars remains strong. Tesla’s sales grew 59% during the quarter.
Tesla expects to produce 360,000 – 400,000 vehicles in 2019. And the company plans to turn a profit in the third quarter of this year.
2019 is the year when Tesla went mainstream – rolling out the Model 3. With an average price of $50,000, the car is a more mainstream product than the Model S.
Tesla is facing increased competition from nearly every single automaker.
Electric cars are the fastest-growing segment of the automotive market. And every car maker has been investing billions to compete with Tesla.
While Tesla Motors was an early mover . . .
The company is now facing stiff competition. That’s affecting the company’s margins – and making it difficult to turn a profit as sales grow.
That’s why I’m preparing to SELL my Tesla Motors shares – after earning 560% profits.
Even though I’m SELLING Tesla Motors shares, I remain bullish on the electric car market.
That’s why I’m loading up on this tiny electric vehicle stock that you can BUY today for less than $5 per share.
Go here for my urgent video presentation (it’s FREE).
In many ways, this stock reminds me of Tesla back in 2013 when the stock traded around $30.
This company is experiencing explosive growth . . .
With sales expected to surge 1,233% in the next year!
It’s this type of stock that can multiply your wealth – even when the stock market is treading water.
That’s why I’m SELLING Tesla . . .
And BUYING this new EV stock right now.
Go here for urgent details (especially if you own Tesla Motors shares).
Yours in Profits,
Ian Wyatt
Why Tesla Shares Are Tanking
by Ian Wyatt