uh, no.
Could. If a company like Apple that makes little gadgets can hit a trillion, a company that's positioning itself to be at the core of much of the world's transportation and energy infrastructure certainly could as well.
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uh, no.
Neither do I, as I'm sure is true for many longs on TMC.Elon is taking Tesla private, I don't want to give up my shares!!!!
Employees can still own stock in a private company.My thoughts at this moment:
• 420 seems WAY too low.
• 420 sounds like a pot joke.
• But how could the CEO of a publicly traded company make such a public announcement and not be serious?
• Would it not be illegal to screw with the market if he were joking?
• From an employee perspective: no more upside? No ISOs?
• What happens to the production workers, lured by stock? Would UAW gain a foothold?
• And regular employees: if there's no stock option upside, why would anyone want to join Tesla?
• Is this a gambit by Elon to merge SpaceX and Tesla into some gigantic Musk Enterprises?
• And WTF about the shareholder approval of the wild incentive plan for Elon last year, you know, he takes company to $650 billion valuation and all that? It's like we've all been had.
• This really pisses me off. I was looking for a $1000+ exit, $420 is nothing.
• Grumble.
Sell them at 1.5 buy more at .40. RepeatI have a lot of deep OTM 490 calls for OCT. They are bouncing wildly between .40 and 1.50. Do I take profits, am I really lucky or really screwed. This is intense.
I think to take the ownership that was allocated, he has to get the stock price OVER ~500$ or company valuation above 100B just to trigger the first level of vesting. The company has to reach 650B over the next 10 years.. that is a HUGE stretch. Maybe he knows something we don't - duh. In the compensation plan announced earlier this year, his max take away was around 50B, With this plan-possibly, he could net a ton more.How would this affect his compensation plan tied to market cap?
Elon Musk on Twitter
Am considering taking Tesla private at $420. Funding secured.
You get bought out for cash. No more opportunity to invest in TSLA. Ever.Wait, what does it even mean to take TSLA private? What does it mean for share holders?