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Just a simple question from equity markets ignoramus. How does a stock value affect the company when the shares are already sold ? (Other than some shares are h
by ycombonator 7y ago
Just a simple question from equity markets ignoramus. How does a stock value affect the company when the shares are already sold ? (Other than some shares are held by Musk and employees)
- memmcgee 7y agoIt affects a company's ability to raise future money. In the case of Tesla, Musk and his other projects are heavily leveraged on his $TSLA shares. There's a very real house of cards that could come falling down in Musk-land if TSLA drops too much.