by qcatq
Tesla on tweeter announced a plan to split stock. It is seeking investor approval in the next general meeting. However, no further details was given, no mention on the meeting date, or the split ratio.
Also today, due to COVID restrictions in China, Tesla gigafactory in Shanghai will be shut for 4 days. It has already shut for 2 days in mid March. Current estimate is the factory could produce just over 2,000 vehicles per day ( output in Dec 2021 was 70,000 for the month). So that is over 12,000 less cars to be shipped in March.
If you think a stock split has a bigger impact on the market, then congrats, you are right. Although I’m considering throwing all my financial books down the toilet at this point.
Help Support Independent Media, Please Donate or Subscribe:
Trending:
- We’ve never seen so much lying, bullshit and idiocy as attends this Fed collapsing this RECORD asset bubble at RECORD pace. While trapped gamblers circle jerk the whole way down.
- CRISIS IN SRI LANKA, No Gas, No Food, Country is Bankrupt, Politicians Being Beat, Murdered, Gov Buildings on Fire, Over 3000 killed in last 24 hours
- All card Machines down – This is happening Nationwide right this minute.
- Costa Rica Under Seige
- Outbreak of hemorrhagic fever In Iraq giving a fatality rate 20%—1 in 5: the outbreak is spreading fast
- Jeremy Kauffman: “Was skeptical of the ‘grooming’ narratives. But yesterday almost every teacher in NH demanded the right …”
- First Black Lesbian Press Secretary Immediately Demoted After First Week
- The latest cover of the Economist…
- New York Post: Front Page: “Joe’s Train Wreck”
- Another Large Real Estate Crash Is Coming Soon?
Views: 4