Seems he has made an offer. I wonder if he is just doing his bitcoin trick of pumping, then quietly dumping his stock.
Can get rich (or go broke) following this guys tweets. If he starts mentioning something on his twitter- buy it for the pump.
Seems he has made an offer. I wonder if he is just doing his bitcoin trick of pumping, then quietly dumping his stock.I need to make a correction to the above.
1. He only bought a 9.2% stake in twitter.
2.The 14.9% limit was a board limit, not one that is a legal USA wide limit.
I misread the original article.
Notwithstanding that, the shares of twitter , having been falling from a high of 80 bucks early in 2021 to 35 bucks just recently, have taken a jump to 47 bucks last night. So shareholders should thank him greatly.
His refusal to accept the board nomination, allows him to buy more or sell his shares without having the SEC type timing restrictions placed on him. It also bypasses the limit of 15% that the board position would have forced on him.
And to top it off, it removes restrictions on what he can about the board, its management, or the company as a whole.
I would think that employees and board members of twitter will be a touch uneasy.
Mick
His trick may have backfired, the deal apparently is done at 44billion. Good price to exit for those who had rode it up to 70billion and then down to 35billion and missed the top. Would probably have gone even lower now that fed is tightening more.Seems he has made an offer. I wonder if he is just doing his bitcoin trick of pumping, then quietly dumping his stock.
Can get rich (or go broke) following this guys tweets. If he starts mentioning something on his twitter- buy it for the pump.
Go long on dogecoin!His trick may have backfired, the deal apparently is done at 44billion. Good price to exit for those who had rode it up to 70billion and then down to 35billion and missed the top. Would probably have gone even lower now that fed is tightening more.
Elon did pledge his shares in Tesla to finance the deal, so do wonder if he could ever get margin called should Tesla's share price ever sink again as financial conditions tighten. Of course he will have twitter now as his propaganda platform to hype and pump whatever he wishes from now on.
Tesla is basically dead in the water, its not a car manufacturer by any meaningful definition.
Maybe so. but hardly "dead in the water".a l-o-n-g way to go before EVs dominate the the auto world , will Tesla remain a major player against veteran corporations
( imo ) currently it is anybody's race , including non-lithium based batteries , and ICEs can be made to run on high percentages of ethanol ( over 50% ) and diesels fully on vegetable oilsMaybe so. but hardly "dead in the water".
Did Apple remain dominate against the veteran mobile phone companies like Nokia and Motorola?a l-o-n-g way to go before EVs dominate the the auto world , will Tesla remain a major player against veteran corporations
Elon Musk seems to get away with a few things that mere mortals do not.
however treachery and experience , often overcomes youth and enthusiasm , and a rival like Volkswagen have a LOT of experience ( and some other skills as well )
and acquirer of several prestigious brands , they may very well master the EV universe as wellVolkswagen have treachery and experience on spades.
They went from being the manufacturer of evil incarnate the third Reich to the manufacturer and iconic symbol of the Boomer peace, love and drug generation with am emissions scandal thrown in as a free bonus.
That is pure magic right before our eyes, they are genius.
No need, they already masters of the universe evidently.and acquirer of several prestigious brands , they may very well master the EV universe as well
and acquirer of several prestigious brands , they may very well master the EV universe as well
I am sure people thought the same about Nokia.Well not long now, Volkswagen is catching up quickly. I believe very soon they will recapture back some market share from the more premium market as well. Plus they have PHEVs (another popular fast growing segment) Making EVs is not rocket science, most major car makers will be able to easily modify or add on capacity to existing factories. I believe once the rate rises kick in and easy money goes away, we will see Tesla valuations become more in line with other car makers. It is not possible for Tesla to become the next "APPLE", as Apple is purely software company that commissions chinese factories to build all their hardware. EV car making is already becoming a crowded segment and Tesla will likely see margins get compressed pretty soon.
Volkswagen Threatens Tesla's Throne in Electric Vehicles
Volkswagen Threatens Tesla's Throne in Electric Vehicles - TheStreet
The german automaker was the leading manufacturer of EVs in Europe.www.thestreet.com [While the Tesla Model 3 was the best-selling electric car in Europe in 2021, Volkswagen was the leading manufacturer of electric vehicles.]
The ID.4 Leads The Volkswagen Group’s EV Sales That Are Up 65% In Q1 2022
The ID.4 Leads The Volkswagen Group's EV Sales That Are Up 65% In Q1 2022 | Carscoops
VW sold 99,100 electric vehicles through its many brands in the first three months of 2022www.carscoops.com
Bit of a false equivalence to compare the decline of Nokia to all other auto manufacturers vs Tesla. Tesla will no doubt be the EV market sales leader for some time to come but their market share will continue to decline over time. In this sense, there are likely to be some similarities between Apple iPhone sales history and Tesla EVs. iPhone global market share by shipments varies by quarter between 10-20% now but as a premium brand is very profitable. Will Tesla EVs be considered in the same league as EVs from Audi, BMW, Mercedes Benz, Toyota Lexus etc. as a premium brand that commands a premium price? Maybe, time will tell but it will be a huge challenge as the technology gap closes quickly due to massive global investment by the majors in all aspects of EV tech.I am sure people thought the same about Nokia.
What is Nokias market share now? What was it before? Why didn’t they make the jump and compete with Apple and Samsung?Bit of a false equivalence to compare the decline of Nokia to all other auto manufacturers vs Tesla. Tesla will no doubt be the EV market sales leader for some time to come but their market share will continue to decline over time. In this sense, there are likely to be some similarities between Apple iPhone sales history and Tesla EVs. iPhone global market share by shipments varies by quarter between 10-20% now but as a premium brand is very profitable. Will Tesla EVs be considered in the same league as EVs from Audi, BMW, Mercedes Benz, Toyota Lexus etc. as a premium brand that commands a premium price? Maybe, time will tell but it will be a huge challenge as the technology gap closes quickly due to massive global investment by the majors in all aspects of EV tech.
Well not long now, Volkswagen is catching up quickly. I believe very soon they will recapture back some market share from the more premium market as well. Plus they have PHEVs (another popular fast growing segment) Making EVs is not rocket science, most major car makers will be able to easily modify or add on capacity to existing factories. I believe once the rate rises kick in and easy money goes away, we will see Tesla valuations become more in line with other car makers. It is not possible for Tesla to become the next "APPLE", as Apple is purely software company that commissions chinese factories to build all their hardware. EV car making is already becoming a crowded segment and Tesla will likely see margins get compressed pretty soon.
Volkswagen Threatens Tesla's Throne in
[While the Tesla Model 3 was the best-selling electric car in Europe in 2021, Volkswagen was the leading manufacturer of electric vehicles.]
The ID.4 Leads The Volkswagen Group’s EV Sales That Are Up 65% In Q1 2022
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