FundingSecured
Member
I guess it is because I heard about it few days ago and conflated it with when it actually happened. Either way, it does not change my argument.
If Tesla is in as desperate situation as many shorts here and elsewhere would like us to believe, no one in Tesla would care about little details like "dilution". If you need money, you take money. Period.
You've misunderstood the short argument with regards to liquidity ("you've misunderstood", by the way, is the most common phrase I use when talking to Tesla bulls). Nobody disagrees that Tesla needs capital; of course they do. The argument is that the bulls, and I presume Musk, think that they'll get it from cash flow in Q3 and Q4, while the shorts think this is ridiculous and therefore external cash is necessary. The fact Musk turned down a direct equity investment proves nothing.
@FundingSecured
Anton W, izzat you? MarkBS, Keef?
Nah, that's not my Twitter. Just someone else partaking in the meme.
All good. You’ve all been smirking and gloating and laughing and proclaiming vaporware, bankruptcy, where will the money come from, competition on the way, Tesla killer coming to market, Gigafactory will never be built, cobalt shortage et al since IPO, while the rest of us here have been supporting one of the few men and his companies who is going to save your poor souls and those of your children by accelerating sustainable transportation and energy. Oh, yeah. And we’ve been making just a teeny bit of money too by doing nothing but buy and hold.
Carry on. You’ve got this. Any day now.
Would have preferred if you had answered my question rather than spewing this; I'm not not here to start the millionth "long vs short" debate. Not that I expected a genuine answer, since it's clear he doesn't have the money.
Anyway, I'm out of here. I wish all of you the best of luck.