Electric automaker Tesla (TSLA) is a tough stock to get behind at this point. The company did manage to turn a profit during one quarter last year, but that has not been the case the last two quarters. Despite the company’s losses, Wall Street remains very bullish on the stock, which is currently trading at record levels, and showing no signs of slowing down. Tesla proved that a company can make a profit on electric cars, and build electric cars that are exciting, and have the potential to go mainstream. Tesla is getting ready to launch its affordable Tesla 3, for which it has already received over 400,000 pre-orders. The car will get over 215 miles per charge, and will go 0 to 60 in just 5.6 seconds. The company has The Midas Touch in building electric cars, and if it can manage to start mass producing affordable batteries the sky is the limit for the company.
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