Tesla stock

hatredhollow

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Wah premarket got big fund cash out ah

BRIEF-Tesla Inc Says Entered Into An Equity Distribution Agreement

Dec 8 (Reuters) - Tesla Inc(TSLA):

TESLA INC(TSLA) - ENTERED INTO AN EQUITY DISTRIBUTION AGREEMENT

TESLA- AGREEMENT TO SELL SHARES OF STOCK HAVING SALES PROCEEDS OF UP TO $5.0 BILLION, FROM TIME TO TIME, THROUGH AN “AT-THE-MARKET”

https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000119312520312194/d60067d8k.htm

Tesla raising 5b capital....

The last time they did that
Tesla crash from 500+ to 400 LOL
 

NewInvestor

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BRIEF-Tesla Inc Says Entered Into An Equity Distribution Agreement

Dec 8 (Reuters) - Tesla Inc(TSLA):

TESLA INC(TSLA) - ENTERED INTO AN EQUITY DISTRIBUTION AGREEMENT

TESLA- AGREEMENT TO SELL SHARES OF STOCK HAVING SALES PROCEEDS OF UP TO $5.0 BILLION, FROM TIME TO TIME, THROUGH AN “AT-THE-MARKET”

https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000119312520312194/d60067d8k.htm

Tesla raising 5b capital....

The last time they did that
Tesla crash from 500+ to 400 LOL


Excellent news! Buy more at $400. Tesla will become a cash rich company and can build a lot more Giga Factories.
 

tasslehoffs

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Tesla sandbagging with lots of cash reserves, they raise 10 billion this year, enough to build multiple factories or 2 marina bay sands. Excellent execution, build massive cash reserves while stopping this insane momentum.
 

WoShiPro

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Tesla sandbagging with lots of cash reserves, they raise 10 billion this year, enough to build multiple factories or 2 marina bay sands. Excellent execution, build massive cash reserves while stopping this insane momentum.

isn't it 12 billion? 2b in Feb 5b in Sept and 5b now?

good time to raise now for expansion and production ramp up.
 

yang_nastyman

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Tesla to close green today from what pre market is showing...

Quite different from previous share issuance considering this round is at the market rate.

If this doesn't bring tesla down, Michael burry can file for chapter 11 soon
 

Potato_Wedges

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selling soon . . .

REUTERS -Tesla Inc unveiled a US$5 billion capital raise on Tuesday, its second such move in three months as the electric-car maker cashes in on a meteoric rally in its shares this year.

The company's shares, which touched a record high on Monday, reversed course to fall over 2per cent in premarket trading.

Tesla entered an equity distribution agreement with banks including Goldman Sachs and Citigroup Global Markets to sell its common stock, having aggregate sales proceeds of up to US$5 billion.
 

HMAN

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Sales completed in 10 minutes time. No big crash down! Tomorrow resumes the climb again

Sent from Samsung SM-T830 using GAGT
 

WoShiPro

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Open red and close green. Unlike the previous 2 funding when the stock crash..

Elon musk mentioned funds will be used to pay its debt. Tesla will be a debt free company soon.
 

NewInvestor

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Yes.....it will climb to 700++ before 21 dec


I am with you on that. Tesla is likely to exceed $700 by 21 Dec.

At that price, Tesla will be nearly as valuable as FB. Logically, given FB growth and cashflows, I should sell some Tesla and buy FB......
 
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