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One thing that motivated the action of Tesla Inc (NASDAQ: TSLA) is the expectation that it will be added to the S
Letters, conferences and more on the T2 2020 coverage budget
Many had opted to add Tesla shares to the S
Tesla’s inventory has soared this year, about 400%, making the company more valuable than some of the world’s largest automakers, adding Volkswagen and Toyota. It is not known why the S
David Einhorn of Greenlight Capital claimed in a recent letter that Tesla bets on the S-Index committee.
“So it appears to be a natural abuse of accounting rules, TSLA has now invented declared earnings to be technically eligible [to enter the S
In addition to being excluded from the S
However, the company revealed in a regulatory filing on Monday that it had already sold all those shares. Tesla said it had completed the sale of all $5 billion shares under the “in-market” supply program that was unveiled on September 1.
Another thing that can influence Tesla’s inventory is the decline in generation inventories. Apple (AAPL), Facebook (FB) and Amazon (AMZN) fell by about 2%. Tesla’s inventory has fallen by about 25% in just over a week since the end. in a record.
After last week’s sharp drop, Tesla’s inventory entered its market at the time of this year.
By Michelle Jones
Disclosure: None