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home / news releases / TSLA - Making A 180-Degree Turn On Maxwell Technologies


TSLA - Making A 180-Degree Turn On Maxwell Technologies

Nearly a month ago I wrote an article suggesting to go long Maxwell Technologies (MXWL) which was being acquired by Tesla (TSLA). In a nutshell, I liked that trade idea because

This is a very savvy acquisition. Tesla is trading equity for cash, acquiring technology that can give its competitors a headache and it will allow Tesla to tout its proprietary and advanced battery technology. This is helpful in the PR wars with the detestable short sellers. The transaction adds an interesting dimension to the Tesla trade.

I now think you

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Stock Information

Company Name: Tesla Inc.
Stock Symbol: TSLA
Market: NASDAQ
Website: tesla.com

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