Twooz
Member
Is there aN official website for S&P500 announcements?
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Is there aN official website for S&P500 announcements?
Here's a theory for the $5B raise. Seems that some Congress critters are worried about Chinese involvement in US space. (see Elon Musk's SpaceX NASA contracts threatened over Tesla China ties) And while SpaceX has zero dealings with China, Elon's other company, Tesla, has a $1.4B line of credit with Chinese state banks. So, this could be a plan A or plan B to either assuage Congress that Tesla can stand on its own without Chinese credit, or to even pay off the loans.
My own $0.02: Tesla has very real exposure to China. Not only for the loans (which Tesla could easily pay off), but for their factory and a significant percentage of Tesla's overall revenue. And if China wanted to, they absolutely could put pressure on Elon given this. In such a scenario, I believe Elon would call their bluff and tell them to pound sand (at a potentially catastrophic medium term hit to Tesla's share price). But as one of the aides quoted in the article above, that requires you to believe in the good faith of one man, Elon. This isn't how national security concerns are addressed. The US Government forces companies to divest based on national security concerns. Look no further than what's happening right now with TikTok for an example.
This is more of a SpaceX problem than it is a Tesla problem. Tesla is joined at the hip with China, for better or worse. I don't think there are going to be too many national security concerns about car manufacturing. SpaceX, however, is different as the difference between a commercial rocket and a ballistic missile is slim indeed.
Well yesterday it was up 12%Let's look on the bright side..imagine if markets were down today how much more $TSLA would be as well
if you had the patience there was a lot to learn in those ramblings ...RIP JackNope, that's exactly how I felt as well. *sugar*. My heart has sank a little....I'll miss his vids and ramblings...
NASA needs SpaceX perhaps even more than SpaceX needs NASA.
never been on F@$%-Book .... but in my Tesla once a day on TMC 123,837 times a dayI use the Internet probably 123,837 times a day. I'm in a car less than 40 times a year.
You're not using WhatsApp nor Instagram? I might more jealous of that than your Tesla.never been on F@$%-Book .... but in my Tesla once a day on TMC 123,837 times a day
Agreed....Hope we reverse the trend tomorrowWell yesterday it was up 12%
A little down the day after gives a bit of order in the universe
I said it before, I'll say it again.
How the flying fudge is Facebook worth almost 2x Tesla? Damn millenials.
I guess they could require Tesla to reduce its size before inclusion.Credit Suisse gives their thoughts on the S&P add from a note issued this afternoon. Thought it was interesting to hear it from an institutional perspective.
"S&P add may be announced by the end of this week: With rebalance scheduled for the third Friday of Sep (Sep 18), an announcement would occur two weeks prior (Sep 4). Of course, there is no guarantee Tesla will be included in the next add given challenges in adding a company of Tesla’s size – there is no precedent for a ~$450bn+ company to be added to the Index; we believe many investors assume an add this month.""
Hmmm...so the pullback today is due to profit taking or the dilution of shares? Thoughts?
I guess they could require Tesla to reduce its size before inclusion.
Nope. Just on news. Or normal market fluctuations. Or it means nothing...it’s almost just a random number with a small adjustment for sentimentHmmm...so the pullback today is due to profit taking or the dilution of shares? Thoughts?