Tesla's 1Q23 deliveries rose 36.4% year-over-year. Alex Coffey and Jenny Horne discuss Tesla as this news can be interpreted both bullish and bearish. They talk about how Tesla was hit hard with Covid restrictions in China but still outperformed deliveries. They note that Tesla's earnings come out April 19th. They go over how Tesla delivered 10,695 units of its Model 3/Y vehicles in 1Q. Alex then demonstrates an example trade using Tesla. The trade type is buy a put condor and the direction is bearish. Tune in to find out more about the stock market today.
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