Polls are showing Biden’s lead over Trump is widening. Investors should not forget 2016 when polls universally predicted a win for Clinton. Wall Street had unanimously anointed Hilary Clinton as the president. The Arora Report was a rarity in predicting a Trump win. After the Trump win, the immediate call from many analysts was to sell stocks. There were predictions from Wall Street of a catastrophic drop in the stock market due to the Trump win. At that time, The Arora Report call was to buy stocks. History has shown that both Arora calls have proven to be right. Now one of the questions investors are asking is about the impact of the election on Tesla (TSLA) stock.
To answer the question, let’s consider the following points:
- Tesla stock has done very well under Trump.
- Investors should make a distinction between a Biden presidency and a Democratic sweep.
- If Biden gets elected and the Senate stays Republican, in the end, it is not going to make much difference to Tesla stock compared to a Trump win.
- If there is a Democratic sweep, this will be very positive for Tesla.
- As we have written before, investors who are analyzing TSLA based only on its car business are making a mistake.
- TSLA has a huge opportunity in distributed electricity by providing batteries for commercial buildings and homes to store electricity generated from solar panels.
- Tesla also has a huge opportunity to provide batteries to electric utilities to store energy from solar and wind power.
- There is no new signal on TSLA at this time due to very high valuation of the stock. However, a dip may provide a trading opportunity from the long side and a quick rise may provide a trading opportunity from the short side.
This post was published on ZYX Buy and ZYX Short Change Alerts.
A knowledgeable investor would have turned $100,000 into over $1,000,000 with the help from The Arora Report. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 2% of the content from our paid services. …TO RECEIVE REMAINING 98% INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES, TAKE A FREE TRIAL TO PAID SERVICES.
Please click here to take advantage of a FREE 30 day trial.
