Investors wiped out all of Thursday’s losses with a big Friday gain, showing that current sales numbers aren’t what’s driving the stock.

Financial writer analyzes Tesla, Inc.'s performance, citing issues with declining deliveries, inflated valuation, and lack of growth. Click for this TSLA update.

Shares of Tesla Inc. TSLA inched 0.15% higher to $411.05 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.24% to 19,864.98 and the Dow Jones Industrial Average DJIA falling 0.06% to 42,706.56.

Tesla bounced back on Friday, closing up 8.2% on the day. As a reminder, a bull put spread is a defined risk strategy, so you always know the worst-case scenario in advance. This type of trade will profit if Tesla stock trades sideways or higher.