Elon will sell you more shares to you!

After the split, here comes more shares selling by Elon.

The guy is a genius (or better said he found a very big fool of idiots ready to commit suicide if the genius will ask them to).

So our brave Elon, seeing the hyperbolic rise of its stock, what did he think? Why not sell more crap to these idiots? If they are ready to buy no matter what! To be honest, I would do the same; I like the guy 😂😂

So here it comes, 5$ billions of more shares coming down to your throat

The company has raised about $14 billion over the past decade through secondary stock offerings, most recently in February. 

Should Tesla press ahead with the full amount it will represent the largest equity raise ever for the company.

As of last September, $5 billion would have represented a significant portion of Tesla’s market capitalisation, which dipped just below $40 billion at the time. Today it is about 1oc of the $460 billion market value, which exceeds that of Toyota and Ford.

Tesla carried out a five to one share split last month, meaning shareholders would get five shares for each one they held, thus diluting each one’s value. Despite the split, investor appetite has continued with the price now standing at $481 (£358), up 17pc in a week.

And btw, if you did not notice, Elon surpassed Zuckerberg in our sociopath top of bilionaires of the world and he did make it to the 3rd place. All that in 1 single month.

Go TESLA stock! Like a rocket!