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Bartosiak: Trading Tesla's (TSLA) Earnings with Options

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On Wednesday May 3rd, Tesla (TSLA - Free Report) will release its first quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of F.

In our video David will take a look at the current state of Tesla, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.

Tesla in Focus

Tesla Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products. It operates primarily in the United States, China, Norway and internationally. Tesla Inc., formerly known as Tesla Motors Inc., is headquartered in Palo Alto, California.

Tesla is expected to report earnings at -$0.67 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at -$1.25, missing expectations by -$0.06. Their average EPS surprise is 3.88%.

Tesla Inc. Price, Consensus and EPS Surprise

Tesla Inc. Price, Consensus and EPS Surprise | Tesla Inc. Quote

Bottom Line

How should investors play Tesla ahead of their earnings report? For insights on the best options trades, then tune in 12:00pm today to see David’s thoughts.

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Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

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