Bet TSLA
Active Member
Y'all are aware that pretty much all the high flyer tech stocks are down, right? This has nothing to do with Tesla or JP Morgan, or Tesla sales at 640 (obviously).
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I sure as hell hope so!Are we going to see the circuit breaker trip today?
Good info, thank you. Order placed for 15 shares @ $585.There goes $600, look out below. Uptick Rule would be triggered if SP reaches $584.89 today.
EDIT: Intraday Low now at $588.00
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I didn't really understand why not announce the offering on Friday after markets close for Monday, when at least index funds can start buying into it. Tesla would have gotten a higher stock price to issues shares with during next week.
I didn't really understand why not announce the offering on Friday after markets close for Monday, when at least index funds can start buying into it. Tesla would have gotten a higher stock price to issues shares with during next week.
Elon has shown a willingness to tamp down exuberance in the stock multiple times this year. That may have factored into management's timing.
Just got 113 more shares at just under $604
Not sure how many times this needs to be said but apparently at least once more; Tesla/Elon don’t care about short term SP movements. They encourage all who are short term traders/speculators etc... that if they don’t like the volatility of TSLA, then they should take their money some place else. It’s in writing in at least one of their ERs. Therefore, it’s of no consequence to them when they do anything that in turn might affect the SP.
If we could all keep that in mind and remember for next time, that’d be great.
That really doesn't have anything to do with what I was questioning. Everything you posted I agree with and Elon has made clear. I was simply calling out it was an odd choice to do it then instead of waiting 3 trading days. I don't expect Elon/Zach to care about SP movements. I do expect them to use logic to get the best price for the offering.
We don't know if they have even started offering the shares yet... And we probably won't know anything until after they are done. And then we will get a note in the Q4 financials telling us the number of shares and average selling price...
Well, you'd have to know my friend Phil.How do you 'forget' about 570 shares of $TSLA!