TESLA Model 3

By | June 16, 2015

Shares of Tesla can get support on news that the company’s plans voiced on Monday.

Representatives of the company announced that a planned mass “model 3” is not just a sedan. “Model 3” – a line of products – a sedan and crossover. The pricing policy for these products – about 35 thousand dollars, while running on a single charge – 200 miles. Approximate period of the beginning of sales – in 2017. Expansion of the product line and access to the mass segment increase the financial prospects of the company.

Tesla also plans to implement by 2020 a million cars.

Shares of Tesla 15 minute chart keeps the positive trend after corrective decline in early trading Monday. On the hourly chart is marked yield up from the downward trend that began June 8, overcoming the downward resistance.

tesla chart
Tesla chart

Trading analytics

TESLA   –   buy tesla   –   Entry price: 250,0. Goal: 254,3. Stop loss: 247,0.
 
Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes and do not guarantee the results obtained.
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