This is How You Profit From Elon Musk’s Latest Meltdown

It seems like Tesla, Inc. (TSLA) and Elon Musk have been in the news every day for months now…

And this past week was no different…

If you haven’t heard by now (and I’m sure you have), Musk was booted from his position as chairman of the powerful car company.

And unsurprisingly the stock has felt the weight of this bad press…

But that doesn’t necessarily mean you should start selling your shares right now.

In fact, this is the single best way to profit…

The TSLA Media Show Goes On

Elon Musk and Twitter (TWTR) make quite the team…

The tech mogul takes to the social media platform often to express his thoughts and opinions but his latest string of tweets have landed him in the grips of the Security Exchange Committee (SEC).

The market watchdog has officially accused (and sued) Mr. Musk, but not the company that he co-founded, of securities fraud. Following this, the SEC took it a step further and pushed for Musk to be removed from his role of chairman.

According to the SEC, Musk made a series of “false and misleading” tweets about potentially taking TSLA private last month. In the lawsuit, it’s described that Musk surprised his own team and investors with the string of tweets he made on August 7.

And on October 1 – the decision was made to have Musk step down as chairman as well as fining him $10 million to settle the charges. The settlement will allow him to remain the CEO of the company.

But this decision didn’t stick long – and Musk rejected the settlement. And he took it a step further when he threatened the TSLA board with a permanent departure if the board refused to stand behind him…

Tesla’s market cap fell drastically after the news of the lawsuit hit the media circuit solidifying something most of the market already new – Musk is an integral part of the company. This volatility is what led Musk to reluctantly agree to allow TSLA lawyers to reach out to the SEC on his behalf to ask for a second chance at the deal.

The SEC wasn’t as kind as the first round – but he reluctantly accepted the terms of the new settlement which were much harsher. Under the new terms, Musk would be required to step down as board chairman for three years, as opposed to an original two years, and his fine was doubled from $10 million to $20 million.

But here’s the thing – no one expected for the SEC to make a decision as fast as they did and a lot of people actually hurt them self by jumping the gun and selling off on Friday. Generally the SEC doesn’t turn decision around that quickly, but with electric cards being the further of automobiles – it was too important for the industry to get dragged down by Musk’s antics.

The Only Way to Play TSLA is to do Nothing

Now, it may seem like the obvious choice would be to sell off…

The truth is, when you get these kind of sharp stock moves, the best thing you can do is to actually do nothing at all.

Sit on the sidelines, be patient, and wait for the dust to settle. Then, determine whether you want to go long or short on the stock based on trading volumes after the stock as stabilized a bit.

But of course, when I see the right conditions to make a fast move on TSLA, I’ll send out an urgent Money Call with specific trade recommendation details.

Now, last time I recommended a play that targeted TSLA, my readers had the chance to score 105.47% in just 3 days. And now that I’ve rewired my proprietary tools that pinpoint these fast plays, I’m spotting up to three moves a week. If you want in, you need to start here now

You see, it’s already enough to make money based on the anticipation of what you think a stock will do

And when you’re ready to strike, you’ll want to make sure you’ve got the right strategy locked and loaded.

Now, the strategy I have in mind is very unique.

And I use it whenever I see a trading opportunity during times of high market volatility, which can increase options prices.

I call it a Loophole trade, and it can give you the chance to double – even triple your money in just 30 days or less. Better yet, it’s one of the best ways I know to reduce your loss and reduce your risk.

And I’m going to show you exactly how it’s done. Click here now to get started.

Good Trading,

Tom Gentile
America’s #1 Pattern Trader

— The Option Specialist

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