$TSLA let’s get this straight 1. The offering price HAS to be below current price to attract institutional investors and get money in the bank, otherwise they would be buying at open market 1a. Last time Tesla did an offering was less than a year ago at 245 and people are up 3 times on it 1b. It’s likely the offering will be over oversubscribed and not available to retail investors 1c. Institutions would not but a 763 if they did not believe it’s worth significant more than that 2. A 1.5% dilution is nothing if it puts the company on its next chapter to growth Keep in mind this 2 billions are more than what was necessary to launch Giga Shanghai.
  • 6
  • 15