Could Tesla Be Bottoming Out...?

Never bet against Elon...

Tesla share price has been treading water for the past few months - which actually feels like a small win given the horrendous share price performance the year before. This week the big sell side bull (Adam Jonas at Morgan Stanley) is out with yet another push and Goldman Sachs, even though less bullish on the stock, is also out with some supportive observations. Could the stocks finally be bottoming? Let's examine the technicals and the latest fundamentals.