Is Now the Time to Bet on Tesla Inc.?

The rollercoaster ride that happens to exemplify electric vehicle (EV) maker Tesla Inc. (NASDAQ:TSLA) does not appear to be abating, with shares of the auto manufacturer up significantly this past week on news that the company posted record deliveries during the most recent quarter, a boon for EV aficionados, many of whom were expecting such news.

As it turns out, the delivery numbers surprised Wall Street, with most analysts expecting delivery numbers markedly lower than what was reported. The company's stock price increased by more than 7% intraday on Wednesday last week, making up a chunk of the decline which saw Tesla's share price decline by a third up to that point from the beginning of the year.

That said, analyst notes following this release focused primarily on the negative cash flow situation at Tesla, with many analysts posting concerns about gross margins and expiring tax credits, headwinds which are expected to continue to negatively impact the ability of the company to operate without raising more debt or equity in the near term. Tesla's chances of sustainable profitability remain a chief concern among many, myself included, so much so that the company's share price has since whittled down to levels approximating pre-disclosure numbers, at the time of writing.

For conservative long term investors, Tesla remains too risky of an option at this point in time to consider, given the breadth of excellent growth options out there with much better balance sheets at this point in time.

Invest wisely, my friends.