Its stock dropped in value in premarket trades on Thursday. Increased volatility is expected, hence the downside may give chances to buy this stock cheaper.
Because Tesla plans to offer around $2 bln of common stock to the public (it is hoped to improve the balance sheet and general corporate well-being). More shares – lower portion of each one in the company stock. Hence, the lower the price is for each one.
For those who already own the stock – doesn’t look good for now (they wish the price went straight to $1000 – now they have to wait a bit longer as it slumps to the area of $750). Strategically, however, if that move works out well for Tesla, the shareholders will be eventually happy.
For those who don’t have Tesla stock but want to have it (here comes the propaganda-style picture with a man pointing at you “Have YOU bought Tesla yet?”) – that may be the last train departing.
Don’t miss your train – TRADE TESLA
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.
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