On Friday, March 1, the team on Options Action took another look at Tesla (TSLA) once again. Their review of the situation was timely as the company said this week that they would not be profitable in Q1-2019. This, in our view, is the reason the share price sold off hard on Friday. They also stated, with quite some fanfare, that they now have a truly $35,000 version of the Model 3 available for purchase. This has always been Elon's goal to offer an electric car that most people can afford. Finally, the company said that they were going to change the way they sold cars.
