Tesla's (TSLA) Near-Term Margin Compression & How To Trade

Morningstar reduced its value estimate on Tesla (TSLA) to $215 from $225. This reflects higher near-term margin compression as the company pursues a volume-over-unit profit strategy, notes a Morningstar analyst. Seth Goldstein discusses TSLA as its 1Q adjusted EPS came in at $0.85 versus an estimated $0.84 and its 1Q revenue came in at $23.33B versus an estimated $23.47B. He talks about who TSLA's 1Q total deliveries came in at 422,875, which is up 44% year-over-year. Tom White then joins to demonstrate example trades using TSLA. Tune in to find out more about the stock market today.