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Tesla is not terribly dependent on its share price. They have 17 Billion in cash on hand so they can fund their operations for quite a few years to come, even
by jxidjhdhdhdhfhf 5y ago
Tesla is not terribly dependent on its share price. They have 17 Billion in cash on hand so they can fund their operations for quite a few years to come, even in a market downturn (we had a market downturn last year by the way in which they continued to grow).
A large drop in shareholders certainly would disappoint shareholders but they are the ones valuing Tesla so high. Musk is on the record saying the share price is too high and it's factoring in a ton of potential future growth.