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Tesla could be volatile this week on earnings. Using options to mitigate the risk

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I think the near-term environment will remain challenging for Tesla, a view reinforced by the recently announced layoffs and production slowdowns.

I am a big fan of Tesla products and the company, but we do not currently own the stock. Since hitting its all-time high on Nov. 4, Tesla shares are the worst-performing member of the "Magnificent Seven". It has underperformed Nvidia, the best-performing member of the group, by a staggering 220%.

Click here for the full disclaimer.Tony Zhang

 

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