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On Tesla:
https://www.youtube.com/watch?v=K10PjH4Iq_I
On the market:
https://www.youtube.com/watch?v=NoOMLfA1GlQ
They can be pretty intense.
Ellison, the co-founder of Oracle Corporation and one of the world's richest men, joined the Tesla board on Dec. 27, 2018. Before he did, though, he purchased 3 million shares of electric carmaker's stock, the company said late last year.
The closing value of those shares the day he joined the board was about $948 million, a stake representing 1.7% of Tesla shares. That makes him the second largest shareholder on the board after CEO Elon Musk.
For the first six months, Ellison's investment looked like a bad bet. Tesla (TSLA) shares tumbled 43% before hitting a 52-week low of $179.61 a share on June 3.
But since then the stock has been on a tear. On Monday Tesla stock crossed $500 a share for the first time in the company's history, and it kept climbing Tuesday as a variety of stock analysts raised their target price for shares. Even with a slight decline in shares on Wednesday, the stock price has nearly tripled in value since the June low and is up 68% since the day Ellison joined the board.
That translates into a paper profit of $1.6 billion on Ellison's Tesla holdings since he joined the board.
Better hope hanging in for the long haul gets him out of the hole.
Webcast:
https://edge.media-server.com/mmc/p/6ng4gj6b
Q4 report:
https://ir.tesla.com/static-files/b3cf7f5e-546a-4a65-9888-c928b914b529
https://www.cnbc.com/2020/01/16/new-tesla-registrations-in-california-n…
Car industry has been going downhill last year of so.
In my 30 min work commute I might see 1 Tesla a day, maybe none.
Has largest market cap of any auto maker ever.
I don't have any skin in the game either way but what a f'n joke.
Adding in plug-in hybrid sales, about 56% of Norway’s new car sales in 2019 had a plug.
Sales numbers were buoyed by a record year for Tesla, whose Model 3 was the most popular car in Norway in 2019.
For some months last year, Tesla was the best-selling brand overall in the country. However, by the end of the year Tesla ended just shy of Volkswagen. Volkswagen took the number 1 spot, with Tesla trailing VW’s sales numbers by less than 1%.
But the Tesla Model 3 was the most popular single model in the country, dethroning the Nissan Leaf which led in 2018. The Model 3 itself had an 11% market share in Norway, with 15,683 vehicles sold. This is over 50% more than the second-place VW Golf.
Pit Row
https://ark-invest.com/research/tesla-price-target
I tried to do a big day trade the other day and lost 500 in minutes, thought I was slick but got my shit pushed in. Lol
Abbvie has been my big winner. It is going up $10 a share this week. 😎🤪
It's no Tesla.
Post a reply to: Market testing the lows from Oct