JPMORGAN: Tesla is facing a 'self-feeding downward spiral' — here's how to protect against a stock crash
Screenshot via IIHS
- Tesla's stock price has taken a beating recently, falling almost 30% over a three-week period.
- The equity derivatives team at JPMorgan has identified the perfect trade to hedge against the worst-case scenario of a Tesla stock crash.
- Tesla's stock got some relief Tuesday morning after the company released first-quarter production results.
- Watch Tesla trade in real time.
The past three weeks have been enough to worry even the staunchest Tesla bull, with the company's stock dropping as much as 27% to its lowest level in more than a year.
And it's really been a pick-your-poison situation. Perhaps the biggest concern for investors has been Tesla's slow pace of production for its wildly popular Model 3 sedan. Though the company's first-quarter report eased some worries of "production hell," the automaker's future is still highly uncertain.See the rest of the story at Business Insider
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