The bears were in control of Tesla recently until the stock went against the action in growth names on Friday, Dick said.
Tesla rallied while growth names sold off on Friday.
After seeing the bulls take back control of the stock, Dick said he would buy Tesla on pullbacks for a trade.
Tesla Earnings: Tesla reported first-quarter financial results on April 26. The company reported earnings of 93 cents beating the estimate of 79 cents, and revenue of $10.39 billion beating the estimate of $10.29 billion.
The stock lost 3.46% Monday, closing at $684.90.
Photo courtesy of Tesla.
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