You are right @Rcllondon . This is an obvious typo! You will receive 2 additional shares for every share that you hold. It has been flagged and I assume will be rectified asap.
This will be another stock which looks like negitive 80% once they split and will stay like that for years
The growth here is insane. Giga China just built its 1 millionth car after 2,5 years of production, but currently has a run rate of ~1.2M. In other words, they’ll make as many cars in the next 10 months, as they did in the last 30. And that’s assuming they’d stop scaling from here.
Another way of showing how crazy the growth is: Giga China will build more cars in the next 10 months, than Tesla did with all their factories combined in 2021.
Buy buy buy
So is it recommended that we buy before the big split? Or just wait it out.
Hey @DCSacred
The only recommendation you should listen to is, to stick to your plan. If that involved buying Tesla today then do that, if not then wait until you had planned to buy.
The vast majority or gains people make when investing are a result of two things - investing to a plan and waiting.
@DCSacred in addition to what @NeilB says the thing to remember is that if you buy one old share or three new shares … it doesn’t matter in terms of how much of the company you own. Sure the value of the new share may go up or down; but if you bought before the split in effect that notional old share has gone up or down too by proportionally the same amount.
So really buy the share because you want to and sell it because you want to. The split should not really being a role in this … unless you want, for whatever reason, whole shares in your portfolio and can’t buy whole shares at the present prices.
With Tesla who knows what the share price will do? Elon could tweet about something and it all kicks off.
I would hazzard a guess that people would be more inclined to pick up some shares after the split when it’s cheaper as not all platform allow fractional shares,
If i had the scratch i would have picked up some more when it was sub 700 but now i’ll just stick with what i have and see what happens.
Of course, this is not investment advice as i have no real idea what i am doing.
The price for Tesla’s FSD will increase from $10k to $15 in 2 weeks. Since this is 100% profit we’ll likely see increased profit margins in the near future.
3/1 split today.
Also, Tesla has disappeared from Freetrade discover??
Could that just be until the share split is complete? I’m hoping it might pop up again when the US markets open
I can confirm there is no problem in discovering Tesla on App version 3.9.27 (44071)
The graph will correct itself when the data provider sorts out the feed. It can take a few days based on past experiences
Following the bizarre demonstration, Axa has admitted to German website that it had actually removed the battery cells from the vehicle because, “demonstrating a battery fire would have been too dangerous due to the guests present.”
No batteries mean zero chance of a fire breaking out, so Axa installed pyrotechnics in the vehicle to achieve the desired effect. You can also see the tow bar on the ground used for propelling the car forward because it had no way of powering itself.
They are so getting sued.
This is just weird.
Interesting that they have a stat that electric vehicles cause 50% more collisions. Wonder why that is. Maybe because they can accelerate quicker or have worse handling (I assume)?
The article states that Axa wants to show that this is the case, not that they have - or that there exist - stats that show this.
Yes, and you can infer that they have some data to back this up, not that they are arbitrarily creating a statistic and trying to prove it .
Even then. This article states that only SUV electric vehicles are responsible for 40% more claims. Non-SUV electric vehicles actually have shown to cause 10% fewer claims.
Depending on the relative frequency of each class sold, this might even show a lower claims ratio for electric vehicles (I couldn’t find stats for this, just a hypothetical to see how you can lie with stats or with choosing which stats to present).
Classic example of Framing in the previous article to cause negative emotional reactions towards e-vehicles together with incorrect information (40% instead of 50% etc.).