Musk is indeed too high. At that time, the stock price was close to $1,600, and the high admission fee shut out many retail investors.
No one comes to buy and sell stocks frequently, how can Tesla’s market value rise?
On the other hand, if small investors do not enter the market, how can Tesla raise more money! Although it may not be urgently needed for Tesla, because 2020H1 Tesla has $8.615 billion in cash and equivalents, accounting for 22.59% of the total assets, but who doesn’t like money.
So a call to split the shares, let Tesla’s market value remain unchanged, the stock price once again stood at the position of 1/5, the majority of “leeks” shouted happy:
Finally can have a relationship with the legendary Tesla!
2 Sexy technology
Technology stocks are really hot recently.
Look at the recent trend of the US stock market FAAMG.
Think about the better life in the future, using a little technology can improve the quality of life, and at the same time make yourself look petty and trendy.
For us “leeks”, companies like Tesla are simply full of appeal.
Technology has always been the focus of Tesla. The company is very “sexy” with its persistent geek image.
Musk is a person who can do things to the extreme, and he can do it at the same time knows both technology and marketing.
SpaceX’s early employee Kevin Brogan once commented: “The craziest thing is that Musk really did this. Every time he fires someone, he will take over that person’s job, no matter what He can complete the project.”
Tesla’s “uncompromising” in car manufacturing has added a sense of “retrograde” to the brand. Musk once said that his team wanted to build an “electric car without compromise” from the beginning, and believed that this was the key to surpassing other good car brands.
It is reported that Tesla has completed the acquisition of Maxwell in order to use the patented process of supercapacitors to reduce Tesla’s battery costs, and the battery capacity and cycle life may be improved;
Cooperating with Broadcom to develop a new HW 4.0 autonomous driving chip, the chip will use TSMC’s 7nm process;
There is also a major project called Dojo within the company to help Tesla’s autonomous driving function Autopilot realize self-learning.
All this is paving the way for Tesla’s long-identified goal-the autonomous driving shared mobility service “Tesla Network”.
Musk said that Tesla finished