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Because the stock price would drop and Tesla wants to do another round of funding (aka issue more stock) soon.

• skgoa 9y ago
  The stock price has dropped by $64 since the start of the week BTW. It was at $325 when I checked earlier today and came from a high of $389.
  • dtparr 9y ago
    That's not correct. $389 is its all-time high. It closed at ~$345 on Friday and opened ~$350 on Monday.
    • kunaalarya 9y ago
      it's literally $325 right now so what's not correct?
      • dtparr 9y ago
        skgoa said "The stock price has dropped by $64 since the start of the week BTW." It has dropped ~$25 since the start of the week. It's down $64 from its all-time high.