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Why would Elon Musk worry about the stock price fluctuating? How is the company affected by the stock price? The only thing I can think of is as follows: When t
by kovek 7y ago
Why would Elon Musk worry about the stock price fluctuating? How is the company affected by the stock price? The only thing I can think of is as follows: When the company needs liquid capital, they sell shares that they already own, and in that case a higher stock price is more beneficial.
- xkjkls 7y agoThey also pay their employees using a large amount of stock. A poorly performing stock means poor morale and more difficulty recruiting.