Tesla Bulls Could Still Get Run Over Despite Model 3 Production Milestone

Tesla bulls need to keep things in perspective in the wake of the company's Model 3 production milestone. Meanwhile, trade war fear has spooked Wall Street.
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Happy Monday, maybe.

Tesla Delivers, Now What?

Elon Musk will have no time to celebrate Tesla (TSLA) - Get Report hitting its 5,000 a week Model 3 production goal

In order for Musk to truly slay the shorts as he has promised, Tesla must now ramp production of the Model 3 even further. It must also deliver on a host of other promises, too. 

Markets Look Terrible

Meanwhile, Trump's trade war with the world has spooked Wall Street. Buyer beware ahead of the July 4 holiday. 

A Win for Nike

Lebron James signing with the Lakers is a win for sneaker king Nike (NKE) - Get Report . While King James is already a household name, his arrival to one of the NBA's most storied teams is likely to only drive more interest in his sneakers. It will also mean a ton of jersey sales -- count me as one that wants James new Nike-made Lakers jersey.

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