This Bearish Spread Will Pay Off If Tesla Stock Trends Lower

It has been an eventful couple of weeks for fans of Tesla (TSLA) stock. On Oct. 15, the company showed off its engineering chops with a theatrical demonstration of a “flying” Roadster. It followed that up with third-quarter earnings last week. The results topped expectations. Earnings of 48 cents a share beat the 45-cent prediction from analysts, while revenue of…