Three Reasons to Jump Back into Tesla

Tesla (SYM: TSLA) hasn’t been the safest stock on the market.

All thanks to protests and chaos over his involvement with government affairs. But it’s safe to say a good deal of negativity has been priced into the stock.

The company even missed earnings expectations. Tesla reported Q1 revenue of $19.34 billion vs. $21.43 billion which was well below the $21.3 billion reported a year ago. Tesla also posted adjusted earnings per share of $0.27 vs. $0.44 estimated.

However, there are two key catalysts that could force the electric vehicle stock higher.

One, Elon Musk just said his time at DOGE will drop significantly, he said, adding, “Starting early next month, in May, my time allocation to DOGE [Department of Government Efficiency] will drop significantly.”

Two, analysts at Wedbush just raised its price target on TSLA to $350 with an outperform rating, citing Musk’s recommitment to Tesla. Three, it’s technically oversold. After dropping from about $475 to a recent low of $225, TSLA is now consolidating at $237.97. From here, we’d like to see TSLA initially retest $350 a share.

So, what’s the best way to trade Tesla?

One, you can always buy the Tesla stock at current prices.

And, or, you can buy into the Direxion Daily TSLA Bull 2X Shares (TSLL). With an expense ratio of 0.95%, TSLL seeks 200% daily leveraged results of Tesla’s daily return.  While its chart isn’t anything to write home about just yet, give it time. 

Oversold at $7.39, we’d like to see it rally back to $22.50 initially.

Another great way to trade potential Tesla upside is by jumping into the YieldMax TSLA Option Income Strategy ETF (TSLY), which yields 3.87% monthly. Its last dividend of $0.6598 was paid on April 21 to shareholders of record as of April 17.

With TSLY, the ETF generates monthly income by selling/writing call options on TSLA. It also offers exposure to the Tesla common stock

While Tesla stock may be setting up for a potential rebound—fueled by Elon Musk’s shifting focus away from government duties—there’s a much bigger storm brewing beneath the surface.

Huge DOGE Update: “Collapse Imminent”

After two months of cost-cutting, controversy and almost constant media attention...

We're now just days away from a shocking new twist in the DOGE story.

I call it the DOGE Collapse.

And it's going to have dramatic implications for the stock market. 

Just days after Elon came to Washington in January, I shared a Ted Talk-style presentation revealing DOGE's real agenda.

So far, more than 1.5 million people have viewed that video... and almost everything I predicted has come true.

Elon has moved to run the government like a technology start up - moving fast, breaking things, and using AI to automate whatever he can.

But that's all merely been the opening move in a much grander master plan...

What comes next is the COLLAPSE. 

Right now, almost no one is ready for it.

But when it hits, the panic we've seen in the stock market in recent weeks could morph into something much more disturbing.

Today I'd like to help you prepare... while there's still time.

Here's everything you need to know.