10 ms·
$1TN is just the last price multiplied by the number of shares. The amount Tesla raised was just however much they earned from the original sale of stocks.
by robjan 6y ago
$1TN is just the last price multiplied by the number of shares. The amount Tesla raised was just however much they earned from the original sale of stocks.
- basch 6y agoTesla can buy other companies with it's stock. Facebook's stock is basically Mark's personal currency. I understand that buying stock isn't straight up giving a company cash, but by pumping up its value, the shares the company is in control of are worth more. I also totally get how thinking people are this altruistic with investing is naive, and it's probably just fomo and short squeezes in a death spiral.