Italian design and Chinese manufacturing is certainly better than the alternative.You just know that's going to turn out well.
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Italian design and Chinese manufacturing is certainly better than the alternative.You just know that's going to turn out well.
In theory, buying back stock should not impact the market cap up or down. There will be fewer shares and each share will be for a larger percentage of the company. All else being equal, the share price should theoretically raise by an equivalent percentage because all the metrics used to value each share are always relative to the percentage of the whole that each share represents (EPS, etc.). Share price should theoretically rise while the market cap stays the same.
I hope you aren't implying that Chinese design, which Musk has just recently been promoting, would be a poor alternative?Italian design and Chinese manufacturing is certainly better than the alternative.
Thanks for the tip Curt, but I'd be a 'Boglehead' if I wasn't already a 'Muskie'.Those who are perplexed by the constraints on an actively managed ETF, may want to place a related question in the chat box during the ARK quarterly report webinar. It will commence 15 minutes after today's market close.
https://register.gotowebinar.com/register/9009747195251486466
Do the shares you get from the exercised option keep accruing ownership time back to the date the option was purchased until you sell the shares?Unless you need to exercise to defer taxes or get to long term vs short term capital gains
A little from column I, a little from column C.I hope you aren't implying that Chinese design, which Musk has just recently been promoting, would be a poor alternative?
Adam Jonas' value:$0−$5.01
I'll UPDATE in about 45 min after the Daily Short Selling volume numbers are out.
Lol, don't tell @Right_Said_Fred but that's only a very pessimistic* SP tgt of $2,320/shareWell, when your TSLA reaches 2.5M, you sell and buy again, and then you’re tax exempt .
I'm on another forum too (BeechTalk if anyone cares) where there is a standing rule that sarcastic posts should be in green. It works a little bit of the time, but more often than not, there will be followups:I defer of course to the Primus Inter Pares, but bearing in mind the many who struggle to sift through the torrent of posts for investment advice, would humbly suggest again that a two colour system of whatever hue and shade for on / off topic could be an easy solution for a common problem. If that is deemed a poor solution, I rest my case, and look forward to a vibrant, albeit colourless forum going forward .
So the Boring Company has been boring, and is reportedly making good time on the Las Vegas project.
The Boring Company's Las Vegas tunnel is nearly 50% done
But linked from there was a prior article about opposition that Boring Company faced. In short, the Boring Company proposal was for ~$52M while a competing proposal was for ~$215M. The board membergetting kickbackspushing for the losing proposal then said the committee hadn't properly understood the proposal and that, instead of the proposed ~$215M the company could actually get it done for "as little as" ~$85M.
I can't help but think about Tesla's competitors here. Its like when they tear down the Model 3 and realize for them to market an EV with equivalent performance and range the price tag would be quite a bit more. The come backs seem to be along the lines of "he's cheating!" which echoes the frequent accusations of fraud made against Musk's companies.
But when I see the "When we said $215M we really meant $85M" I can't help but wonder how the committee was supposed to respond to this.
"So, in your original proposal you were planning on over charging by 150%?"
"Um, no, but if we had to we could do it at a loss. We could find ways to make it that cheaply."
"So, you are saying the new proposal would be cutting corners? We need the transportation system to be safe and reliable."
edit: forgot to include link to second article Elon Musk's Boring Company meets opposition over Las Vegas tunnel bid
Pretty close. Bullish af price action todayGoes green today, like it always does when it gaps down due to a downgrade
[/QUOTE]They auto start.
[ QUOTE="Nocturnal, post: 4395828, member: 83918"]Those things are not comparable at all. A $500 generator has to be manually started, run outside (so it doesn't kill you), allowed to annoy your neighbors, needs oil and fuel, feed an extension cord through an open door/window, force you to decide which appliance you want to run (possibly making you move your fridge). I have one of these for my reef aquarium as a backup. It was $500 and puts out 1600 watts so you can run your fridge and a couple of smaller things.
Meanwhile a power wall is instant on, zero noise, zero smell, zero maintenance, and allows you to arbitrage peak vs non-peak electricity pricing 365 days a year unlike the generator that sits in your garage. The real comparison is a whole house generator to a solar/powerwall system. A whole house generator of equivalent size to 2 powerwalls runs in the 6k range (plus install), and is worthless for 99.9% of the tie you own it. I can't wait until I have a cybertruck that I can use instead. As soon as I'm ready to replace my roof I'll likely be doing a small solar/battery system.
Yes, a solar/battery system is far more expensive but also provides far more utility and has the capability of paying for itself.
Adam Jonas' value: $0
This directly contradicts what you posted earlier. I almost replied to that post, but when I read it carefully you always said "value" (in the earlier post) and even though it sounded like you meant either stock price or market cap I couldn't argue with it.Buying back stock will reduce the market cap. It's the stock price that won't change. It's an even exchange of stock for dollars. The only movement to the stock price is from the fact that the shares bought back will be the lowest priced shares on the market. But that won't change the price of the stock substantially unless done suddenly.
If a buyback does change the price it shows the market was not priced properly.