2daMoon
Mostly Harmless
Supercharge your TSLA confidence with this speculation from Lars about expansion of the Supercharger network.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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Knightshade
Well-Known Member
No, because Tesla was WAY under the already-authorized 2 billion shares at that time. They could do a 5:1 stock dividend and still have only issued about half that 2 billion in shares total.
Now with close to 1 billion shares outstanding (and a bit more locked up for stock based compensation) they don't have enough overhead in that authorized number to do any more than a roughly 1.9:1 split without shareholders voting to raise the authorized share cap significantly.
For example if they wanted to do another 5:1 split they'd need to raise the cap to at least ~5 billion authorized shares.... and likely would want to go higher than that either to support any future split or leave more overhead for SBC.... Though 5 billion is likely fine if they're only looking at a 2:1 or something, that'd leave enough overhead for 2 of em.
JRP3
Hyperactive Member
Upcoming event
www.yahoo.com
Elon Musk is heading to court to defend Tesla's acquisition of his cousins' solar panel company. If he loses, it could cost him $2 billion.
Tesla bought SolarCity, founded by Elon Musk's cousins, in 2016. In a lawsuit, Tesla shareholders claimed the deal amounted to a bailout.
Krugerrand
Meow
You could help by standing up in the bed and man the machine gun mounted to the roof of the cab; being a soldier and all.
⚡️ELECTROMAN⚡️
Village Idiot
Something tells me “Off topic galore” is going to be more popular than this thread.
Looks like we found that same cliff to jump off of
The same rotation we witnessed yesterday from car stocks and meme stocks to the big tech names. Unfortunately Tesla is not considered part of those yet.
Dan Detweiler
Active Member
Exactly.
It drives me nuts when short sellers, day traders and speculators are referred to as investors. Couldn't be further from the truth.
Dan
Teslarati - 13 minutes ago: Tesla sales in Germany grow 431% year-over-year for June
Excerpt:
The German Federal Motor Vehicle Office (KBA) reported that Tesla sold a total of 4,466 vehicles last month. Tesla’s market share in the German auto industry grew to 1.6%.
In June 2020, Tesla sold 841 vehicles. This meant that Tesla’s sales grew 431.0% year-over-year (YoY) for June. The company’s market share also expanded by 1.2 points, from 0.4% in June 2020 to 1.6% in June 2021.
Excerpt:
The German Federal Motor Vehicle Office (KBA) reported that Tesla sold a total of 4,466 vehicles last month. Tesla’s market share in the German auto industry grew to 1.6%.
In June 2020, Tesla sold 841 vehicles. This meant that Tesla’s sales grew 431.0% year-over-year (YoY) for June. The company’s market share also expanded by 1.2 points, from 0.4% in June 2020 to 1.6% in June 2021.
Andy O
Member
This timing is not really material to the matter. Elon, or the company, can announce at any time their intention to seek a stock split, and the market will be affected from that moment on.
With all this FUD and poor performance I genuinely keep forgetting we just had record deliveries and are looking at a likely record profit in a few days. I gotta hand it to them, they are good at what they do. Seems like Tesla is just taking the punches too.
Knightshade
Well-Known Member
I'm not actually sure they CAN announce a stock split that would involve issuing shares that are not authorized to be issued- what (surprisingly little) I've seen written on the topic suggests you can not legally have a split involving shares that aren't already authorized to be issued.
But I'd certainly be happy to see anyone with evidence otherwise present it.
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I was thinking about this. Personally, it seems like its a matter of looking at time horizons. If you ask yourself that a year ago on this day, a year later, that TSLA would be $3250 (since the stock split hadn't occurred) and two record breaking quarters heading into a potential 1m car delivery year (after, at that time, only delivering on 170-180k in the first two quarters in 2020)...what would you think?
Instead we're here thinking about $650 after having two record breaking quarters.
Krugerrand
Meow
I find it funny you find it amazing. You have at least driven and experienced a Tesla, right? Only the most stupidly stubborn (or plain stupid) wouldn’t be able to see how much better a Tesla is in every logical and illogical way to any other everyday car (and many special cars).
It might take a bit of time for a segment of the population to get out of their own way, but eventually their innate nature to follow the leader takes over. Do we really still not understand ourselves as individuals and as a whole?
Words of HABIT
Active Member
The only graph we need to konw.
Tesla Production And Deliveries Graphed Through Q2 2021
Tesla achieved in the second quarter of 2021 another record quarter in terms of production and sales volume - both values are above 200,000.insideevs.com
So much for a record quarter.
Moving along, I think I need more chairs, but I was advised to cool it for a lower price yesterday (thanks).
So how about now? Or is something new today happening?
Moving along, I think I need more chairs, but I was advised to cool it for a lower price yesterday (thanks).
So how about now? Or is something new today happening?
For those that don't bother to look at other stocks in the same sectors, as Fred mentioned, both EVs and auto getting hammered toda, $TSLA doing better than most actually
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