Plans some massive expansion?
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Plans some massive expansion?
ProfTournesol
Member
Fact Checking
Well-Known Member
Yep, the purpose is rather opaque:
"Tesla intends to use the net proceeds from the offering to further strengthen its balance sheet, as well as for general corporate purposes."
But I suspect we will learn more at Battery Day at Giga New York ...
Sure, but I struggle to see how it would make the stock fall, it's just a small dilution...
Fact Checking
Well-Known Member
GF4: still waiting on clearance.
@GF4Tesla..️️.build #GigaBerlin. on Twitter
Lots of people being paid to stand around on standby. They clearly think this is going to happen today.
@GF4Tesla..️️.build #GigaBerlin. on Twitter
Lots of people being paid to stand around on standby. They clearly think this is going to happen today.
Now back up to where it began.
We could do this all day.
What I'm upset about is that these swings are all premarket
Mike Smith
Active Member
Assuming they're getting something close to the current share price the market is going to like this a lot. The sell-off pre market is almost certainly a knee jerk reaction. How could anyone be against raising cash at this valuation?
anthonyj
Stonks
At least there is a better stupid reason for shares to fall. The recall was a super stupid reason
More cash = more resilient to adverse events. Doesn't mean you plan to run out and blow it all the second you lay your hands on it.
Mike Smith
Active Member
This is an even stupider reason. TSLA has rallied every time it's raised cash, and now it's at a valuation that almost everyone on wall street thinks is overvalued.
Conspiracy:
Tesla will use the money to buy Panasonic's side of Giga 1, so that they can incorporate their new battery technologies?
Tesla will use the money to buy Panasonic's side of Giga 1, so that they can incorporate their new battery technologies?
LN1_Casey
Draco dormiens nunquam titillandus
When has Tesla ever needed a good reason to get droppped on by the shorties?
Mike Smith
Active Member
Excellent theory. I was thinking that the only possible reason for a 'company day' is to announce a spin-off or major purchase / partnership. Anything else would just be covered at the shareholder meeting which is only two months later.
Now I want to buy more shares. But I'm all in!
Can anyone give me pointers on best strategies when collecting empty bottles?
Can anyone give me pointers on best strategies when collecting empty bottles?
This post of 10 days ago ended with only disagrees. Looking forward how the news now gets received.
HG Wells
Martian Embassy
I think i'll buy a SINGLE two day lottery ticket at open.
Exactly someone said: "Elon is Elon". Can't trust everything he says. That's what the bears been talking about. Now he just confirm it. Very disappointed. In one hand, "We don't need to raise cash", and then issue more shares.
Similar threads
- Locked
- Locked
- Locked
