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Elon wants ANOTHER $2 Billion..................

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  • Elon wants ANOTHER $2 Billion..................

    ..........he get it as well.

    https://www.theverge.com/2020/2/13/2...usk-cash-raise

    Mike

  • #2
    Re: Elon wants ANOTHER $2 Billion..................

    Always a good time to raise equity capital when the equity is highly valued. This is a logical action for Tesla. We won't know if its a logical action for the buyers of the stock until the passage of some time though.

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    • #3
      Re: Elon wants ANOTHER $2 Billion..................

      Cars sales (all cars) are now falling
      His cars are expensive
      Those whom want a EV have them
      He taken sales away from his profitable (ish) cars to the Model 3) which he makes a loss
      Where is the Semi?
      Where is the Sports car?
      The Cyber truck is a joke, fashioned from Stainless Steel (I can think of another failed Us car producer) & that means a totally new construction
      Massive re tooling costs.

      Long enough list?

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      • #4
        Re: Elon wants ANOTHER $2 Billion..................

        Originally posted by GRG55 View Post
        Always a good time to raise equity capital when the equity is highly valued. This is a logical action for Tesla. We won't know if its a logical action for the buyers of the stock until the passage of some time though.
        he's selling at a very high price, and slightly diluting his own stake in the process. what's not to like [if you're elon]?

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