Hacker Read

gizmo · 2018-09-30 09:28:46

Buying stock on the public market doesn't affect Tesla or its cash flow at all. Tesla is not the counterparty in this transaction.

noxer | karma 1257 | avg karma 1.02 · | 2021-04-13 09:07:21+00:00

The market cap is calculated from all shares. Tesla obvious does not owe them.

dheera | karma 9101 | avg karma 1.67 · | 2020-08-31 03:16:10+00:00

You can always take the $50K and buy Tesla stock with it. How is it any different?

kitcar | karma 3131 | avg karma 7.13 · | 2015-08-13 13:32:57+00:00

Once a stock is trading on the stock market, buying the products of a company is a better way to support them then buying their stock IMHO.

When you buy Tesla stock on the stock market Tesla gets no money from you - you are actually buying the stock from another entity independent from Tesla. Tesla only receives money when the stock is sold for the first time, by the Tesla Corporation to an outsider.

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whttheuuu | karma 48 | avg karma 0.55 · | 2019-04-25 02:30:02

The stock didn't move down at all after the (negative?) earnings call either.

Tesla is currently priced correctly.

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ThrowawayTestr | karma 1255 | avg karma 1.2 · | 2024-05-22 13:21:48

Tesla is a stock company. Their main product is their stock.

UncleMeat | karma 13669 | avg karma 2.5 · | 2022-12-16 03:45:30

Tesla isn't a tech stock. They sell cars.

Kluny | karma 4287 | avg karma 2.57 · | 2017-05-12 10:04:32+00:00

I can't afford a Tesla so I'm buying their stock instead :)

cmurf | karma 6139 | avg karma 1.74 · | 2018-08-07 19:58:30

Tesla lacks the cash to buy its own stock, no matter the price. The cash would come from private equity.

cjhopman | karma 8 | avg karma 0.02 · | 2019-05-07 15:28:11+00:00

Tesla seems to be able to do it just fine post-IPO.

nradov | karma 36463 | avg karma 2.08 · | 2021-07-06 17:01:28

Just about anyone is already allowed to buy Tesla stock.

alrs | karma 3456 | avg karma 5.14 · | 2021-07-12 20:45:23

Tesla stockholders, not Tesla owners, but yes.

yisymphony | karma 7 | avg karma 1.4 · | 2018-08-07 19:40:20+00:00

Instead of taking it private, what's stopping Tesla as a company from buying back shares from public market when the price is low? It not only stabilize the price it is also have long term benefit if the company is confident for the future.

brador | karma 3229 | avg karma 1.73 · | 2022-08-05 04:30:39

Many Tesla owners also own Tesla stock.

sgerenser | karma 2174 | avg karma 1.98 · | 2018-08-05 18:33:29

Tesla has lost several billion dollars since its IPO in 2010, and that hasn't seemed to have slowed the stock down at all.

ckastner | karma 8282 | avg karma 7.5 · | 2016-06-11 07:55:00+00:00

All in stock of a not-yet-profitable company who's stock price has been highly volatile in the past.

I don't mean to disparage Tesla, but rather to emphasize that there's a difference between receiving $325 million in cash, $325 million in blue-chip stock, and these $325 million.

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kneel | karma 1371 | avg karma 3.14 · | 2018-05-03 18:42:21

Tesla is a public company.

Wall Street acts as a leaky pipe funneling money between investors and Tesla.

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jzl | karma 1525 | avg karma 3.8 · | 2020-08-19 17:29:59+00:00

Tesla's current valuation has almost nothing to do with its automotive business.

travbrack | karma 544 | avg karma 1.91 · | 2020-05-12 07:27:59+00:00

Do you own Tesla stock?

3cats-in-a-coat | karma 2327 | avg karma 2.06 · | 2023-08-24 14:49:07

Do you own Tesla stock?