I had a dream last night that i was in the future and Tesla “did a Delorian” and just stopped being bought until they went out of business, and elon was selling shares down the local pub like a dodgy dvd guy.
Then i made a tesla into a time machine lol
Please do not take my comments as investment advice!
Did you get to 88mph to activate the flux capacitor to go back to the future
@freetrade This message seems to contradict itself. It states the stock split is a 3 for 1 stock split, then states i will receive 2 new shares in place of every 1 existing share i have which equates to a 2 for 1 stock split. Surely it should read I will receive 2 shares in addition to every share held?
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.
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