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Interesting proposition: deflate your stock value which makes the stock more accessible to risk-tolerant investors, while shedding the sort of nervous investor
by killjoywashere 9y ago
Interesting proposition: deflate your stock value which makes the stock more accessible to risk-tolerant investors, while shedding the sort of nervous investor you don't want.
- dragontamer 9y agoThat also deflates your next round of equity offerings. Tesla will likely need to offer 10-million or maybe more shares to the market. Lowering your stock price before you offer equity is incredibly stupid. Unless Musk has a plan to get money from somewhere else?
- erikpukinskis 9y agoSales?
- vkou 9y agoIt also makes it more expensive to borrow money, pay employees, and opens you to hostile takeovers.