Tesla: Should you buy, sell or short?

Tue Aug 14 2018
Lucy Harlow (4126 articles)
Tesla: Should you buy, sell or short?

Tesla is giving investors whiplash.

CEO Elon Musk shocked Wall Street last week when he announced on Twitter that he was considering taking the company private. He said he had “funding secured” for a deal, but didn’t say where the money would come from.

On Monday, he said the financing referred to talks he has had with Saudi Arabia’s sovereign wealth fund. Then on Tuesday, the Tesla board said it wasn’t clear yet that going private made sense.

So, should you buy, sell or short Tesla?

Matt McCall, founder and president of Penn Financial Group, an investment manager, will join CNN’s Alison Kosik to talk about it Wednesday on “Markets Now.”

CNNMoney’s “Markets Now” streams live from the NYSE every Wednesday at 12:45 pm ET.

Kosik will also discuss the unfolding crisis in Turkey with McCall and other guests. And CNNMoney’s Paul R. La Monica will discuss the week’s retail earnings reports.

CNNMoney’s “Markets Now” streams live from the New York Stock Exchange every Wednesday at 12:45 p.m. ET. Hosted by CNNMoney editor-at-large Richard Quest and others, the 15-minute program features incisive commentary from experts.

You can watch “Markets Now” at CNNMoney.com/MarketsNow from your desk or on your phone or tablet. If you can’t catch the show live, check out highlights online and through the Markets Now newsletter, delivered to your inbox every afternoon.

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe