Tesla's Back In Vogue: Here's The Target

 | Jun 18, 2018 03:33PM ET

Shares of Tesla (NASDAQ:TSLA) are back in style as the stock continues to surge toward its target of $390. It seems as though Elon Musk has regained his mental clarity and is leading the company forward.h3 Short Setup/h3

Investors believe the production targets will be met and all is good in Tesla world. If the stock continues to surge higher, I expect $390 to be hit and crossed. I have a short trade setup at $405.