TSLA Market Action: 2018 Investor Roundtable

[Jayjs20]

Wait, what does it even mean to take TSLA private? What does it mean for share holders?

 

[T-Will]

@elonmusk: Am considering taking Tesla private at $420. Funding secured.

m.twitter.com/elonmusk

I wonder what this will do to the stock.

 

[Remus]

Elon is taking Tesla private, I don't want to give up my shares!!!!

 

[EarlyAdopter]

I dunno. Look at the volume on that spike. Those are some seriously masive green candles. If anything, I'd think it would establish a new base around $355 and set us up nicely to next take on $360.

View attachment 323751

Lol. Yep. Ha!

 

[defc0n]

Obvious buy now if it’s essentially proven worth $420?

 

[T-Will]

I'm thinking Elon's tweet is tongue-in-cheek, but it will be funny to see how the stock reacts.

 

[Drax7]

Cramer’s cult views should be used against him

 

[MartinAustin]

@elonmusk: Am considering taking Tesla private at $420. Funding secured.

m.twitter.com/elonmusk

Is it OK to tweet this during trading hours? Shouldn't he have waited until after hours?

UPDATE: Electrek has a full article published already. 5 minutes after Elon's tweet. Hmmm......

 

[Tslynk67]

Why would Saudi Arabia buy in when tsla is at such a high price? Why don't they wait til it drops?

Why would $TSLA drop? They're in an amazingly good position right now (or an hour ago, let's say)

 

[loky]

This is the perfect explanation for why Elon knew the stock was going to go up. He was approached and asked to dilute TSLA.

Thus - "your short position will explode in about 3 weeks." He didn't know how long it would take for the SWF to make their announcement, that's all. So it took longer than 3 weeks.

Musk counts by Martian time one year=687 days

 

[aubreymcfato]

Could he really make Tesla private at just $420?
Does he have the money to do that?

I personally wouldn't like it that much, and probably a *lot* of investors with me.

 

[dmunjal]

I'm thinking Elon's tweet is tongue-in-cheek, but it will be funny to see how the stock reacts.

Yes, "420" could be a joke.

 

[Unpilot]

Wow huge volume so far today!

 

[gtrplyr1]

Not happy about that $420 .... I would not want to sell my shares for that ....

 

[hockeythug]

The number makes me think he’s trolling but I don’t ever doubt what he says.

 

[Open Interest]

OMG what???? Why???

 

[eloder]

Wow, I would be extremely sad if TSLA went private.

Completely selfish reasons of course. This was my Apple that I realized before it became popular, and I was optimistic about a much higher return than $420.

Maybe it will cause a spike above that as institutions feel the same way?

 

[Mike Smith]

Elon Musk considers taking Tesla private at over $70 billion, he says he has the money

 

[wipster]

Was up to 370, now dropping... need an auctioneer or a horse race caller all of a sudden!

 

[Causalien]

Haha, I am so torn about this Saudi Investment.