4 ms·
I am following the financials of Tesla closely, and while I am a huge supporter of Tesla, I know how much the company keeps a delicate balance with financials.
by _ph_ 6y ago
I am following the financials of Tesla closely, and while I am a huge supporter of Tesla, I know how much the company keeps a delicate balance with financials. Yes, currently the stock price of Tesla is overvalued, but right now, they have the opportunity of raising a lot more cash, when the stocks enter the S&P 500, by issuing more stocks. However, with a stock that volatile, this needs to be done with care.
Forcing Musk to sell off a substantial part of his stock could disrupt the stock value significantly and of course means, that Musk influence in the company would be significantly decreased. The control could end up with "investors" and financing organisations, which have ruined more than one company already.