9 ms·

That tweet was likely intentional foreshadowing of the coming split. He posted it at 8:11 and they announced the split on 8/11. I have no basis for this sugges

by thrav 6y ago

That tweet was likely intentional foreshadowing of the coming split. He posted it at 8:11 and they announced the split on 8/11. I have no basis for this suggestion, but I’ve actually been thinking lately that SoftBank and Musk coordinated the TSLA infinity squeeze that we’ve all been watching. It’s a great way to make a massive investment in TSLA, at the price you were willing to pay anyway, while sending the stock through the roof so the company can take the needed liquidity from the market. TSLA added one of SoftBank’s largest financiers to the board in late April.

ckastner 6y ago
I find the SoftBank action more credible (even convincing, given the other submissions in which it was discussed) than the split theory. Because there is no rational way that a company with $27bn revenue rises from ~$130bn to ~$450bn in market cap in three months. I've posted in another thread how VW builds 11 million cars each year, that's 1 out of 8 cars globally, at immense profit, and is valued at €80bn. In any case, if the cause for the tweet was solely that the stock price was too high, well -- it was $700 back then, so I guess we'll see another split real soon now again.
- thrav 6y ago
  Have you read about how your example, VW, saw a massive increase in market cap In a similar way in the past? It’s a way that was easily repeatable with enough capital and some ability to influence the public with things like memes, controversy, and celebrities. https://mobile.reuters.com/article/amp/idUSTRE49R3I920081028 https://mobile.reuters.com/article/amp/idUSTRE49R3I920081028
  - ckastner 6y ago
    I remember that day well (it was job-relevant to me when it happened). I'm still amazed how Porsche managed to pull that one off! That's a good example, thank you for sharing it again!

9 ms·

That tweet was likely intentional foreshadowing of the coming split. He posted it at 8:11 and they announced the split on 8/11. I have no basis for this sugges

by thrav 6y ago

ckastner 6y ago
I find the SoftBank action more credible (even convincing, given the other submissions in which it was discussed) than the split theory. Because there is no rational way that a company with $27bn revenue rises from ~$130bn to ~$450bn in market cap in three months. I've posted in another thread how VW builds 11 million cars each year, that's 1 out of 8 cars globally, at immense profit, and is valued at €80bn. In any case, if the cause for the tweet was solely that the stock price was too high, well -- it was $700 back then, so I guess we'll see another split real soon now again.
- thrav 6y ago
  Have you read about how your example, VW, saw a massive increase in market cap In a similar way in the past? It’s a way that was easily repeatable with enough capital and some ability to influence the public with things like memes, controversy, and celebrities. https://mobile.reuters.com/article/amp/idUSTRE49R3I920081028 https://mobile.reuters.com/article/amp/idUSTRE49R3I920081028
  - ckastner 6y ago
    I remember that day well (it was job-relevant to me when it happened). I'm still amazed how Porsche managed to pull that one off! That's a good example, thank you for sharing it again!