Being financially independent

Millsy

Wally yep. But it does feel like a bubble. I will likely do the same.

Amps

Is that not one of the points of the split? It makes it ‘less bubbly’.

C_J

Amps no.

Millsy

Amps nope. See CJs point below. The market cap remains the same.

Kells77

Amps One of the biggest reasons for a stock split is to generate more equity for some big thing they’ve got coming up, and for Tesla, I’m guessing they want that so they can build their new factory in Austin, TX. When you offer lower priced shares to a larger number of people, you’re turning on the firehose, instead of getting an expensive trickle.

C_J

Wally it almost sounds here like you’re saying “sure Millsy old chap, the stock is overvalued - but that’s what the split is for!! lol, cos it will divide the price by five, so then it will be less overvalued. Because if the price gets divided by five the company is worth less even though the number of shares is multiplied by five”

but even I don’t think you’re that fucking dense.

Wally

C_J You get that people being able to buy 0.2 of a really pricey share instead of having to buy 1 will encourage more people to buy yes? Not every place does fractional shares. (Which aren’t really - they are just the stock broker splitting one up)

C_J

Tesla are splitting their shares because they want to split it into a greater number of pieces. At the moment there’s 200 million pieces, after the split there will be a billion pieces. So they’re just slicing the business up more finely. When they started up 200 million pieces was a good number but now that they are much bigger, one of those two hindered pieces is too big a chunk to be useful as the very smallest bit that you can divide the business into.

Amps

No worries folks, I know how the share split works… but as the lower individual price makes it less risky for many buyers, I assumed that would give it more stability.

Is it over priced… it’s still priced on ‘potential’ imo, I’m waiting to see how other auto manufacturers do in the coming few years before selling.

Kells77

Amps No worries folks, I know how the share split works

Sorry, I didn’t mean to be condescending 🙂 In theory, you are correct. In reality, people are involved and we fuck everything up…lol.

C_J

More working from home and a less certain employment picture does not spell great conditions for luxury automobile manufacturers imo. I’d be more inclined to be buying online retailers and home office suppliers.

Amps

Elon needs to pull his finger out…

hugopal

Amps they’re definitely on the way. A few electric airplanes round the world have successfully made brief flights now but it appears the X-57 has not undergone a flight test yet.

Amps

Even more so…

jonattonyeah

Amps

hugopal Agreed, think a few governments and most of the big airlines have now pumped money into the research for them.

Along_the_Wire

I’m too risk averse for all this shit. Low to medium risk ISAs for me and her True Potential to do the lot for me. When I’ve had shares, I’ve found the whole thing too stressful and even after you sell them, you keep looking at the share price for months after.

Amps

Along_the_Wire Get £500 and put it in some dirt cheap stock with loads of potential, then forget about it for a few years. Maybe it doubles or triples or more, you can put it towards a holiday. If it goes tits up, you’ve only lost £500 etc.

Flares

Have dipped by toe in the VCT water, very tax efficient.

Smallman1

The best investment is yourselves lads.

Cheers.

Millsy

Amps my sentiments entirely. In other news I’m also investing in nickel mining. Basically going all in on EV and the supply chain that supports it. Ten year time horizon. See you in St tropez lads xxx

Along_the_Wire

Amps Yeah, maybe mate, I’ll give it some thought, cheers

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