EV manufacturer's stock tanking

[Hawkeye10]

Another Example of Why the Fake Right Doesn't Defend Us From Its Treehugging Sons

Natural air is full of killer bacteria and virus. History has shown that auto emissions kill them, which is why we hadn't had a pandemic for a hundred years until the Lethal Lockdown let the cronyvirus thrive.

You are living in FantasyLand...we have had many pandemics in the last 100 years.

 

[The Sage of Main Street]

America's ability to spend like drunken sailors is coming to an end. Our kids and grandkids will hate us for how much money we squandered, charging the bills to them.

A Death-to-Dynasty Tax Will Pay Off the Whole National Debt

This has been going on for decades, almost as long as the false warnings about it. So you've been proved wrong about the attitude of the generations being stuck with the bill.

 

[Althea]

Where on earth do you get your information???? Seriously, can you provide a CITATION for this "hypothesis"???????

Clearly, hanging out on Main St. has caused him to breathe in way too much CO.

 

[Hawkeye10]

A Death-to-Dynasty Tax Will Pay Off the Whole National Debt

This has been going on for decades, almost as long as the false warnings about it. So you've been proved wrong about the attitude of the generations being stuck with the bill.

You dont seem to have any idea what reality looks like.

 

[LurchAddams]

https://www.quora.com/Are-stock-shares-infinite

This is from the source you just linked me to - which proves my point:

"At most times the number of outstanding shares is a fixed number. However, a company can expand the number of shares by splitting or by a secondary offering."

It's exactly what I posted, except for the secondary offering.

You understand that stock represents equity or ownership, right? Lets say you could sell stock representing ownership in your home. Say at the value of your home at the time of your IPO is $1,000,000. You issue 10 shares at $100,000/ea. Over time the value of your home, based on the market may increase or decrease but the number of shares, 10, will remain the same.

 

[The Sage of Main Street]

You are living in FantasyLand...we have had many pandemics in the last 100 years.

Epidemics Limited to the "Unpolluted" Areas

 

[LurchAddams]

"There's a Sucker Born Every Minute"


How many understand that giving stock as a dividend doesn't increase equity at all? It is nothing more than a deceptive form of a stock-split.

So, here's a question. Does a dividend increase the total number of shares in circulation? No.

 

[T. A. Gardner]

So, you're willing to state, unoquially, that the only type of stock that lost 90% of its value are EV stocks and EV stocks alone? Ok.

Irrelevant to the topic. Any stock seeing a 90% decline is in serious trouble.

 

[LurchAddams]

You're getting a little turned around here. You are correct. The number is finite until there is an action taken by the company to secure more investment.

It's impossible to put a dollar value on an investment product that has no limits of supply.

The number of shares is finite unless there is a split or a second offering. You can't make more shares out of thin air.

 

[LurchAddams]

LOL. Not by a longshot. Anyone invested in anything to do with retail stores/malls got hammered during Covid.

In many cases, there was a 100% drop.

LOL, I know. The MAGAs want to keep us addicted to fossil fuels - not because they want to die from CO2 poisoning - it's because they perceive any effort to reduce our carbon footprint is a "lib" endeavor and more than they care about the Earth's future, they want to just "own the libs".

It's hillarious, now because Elon is their hero and now he's running Tesla into the ground while playing the world's "Tokyo Rose".

 

[LurchAddams]

Irrelevant to the topic. Any stock seeing a 90% decline is in serious trouble.

And EV stocks are the only stocks in serious trouble, according to you

 

[Hawkeye10]

And EV stocks are the only stocks in serious trouble, according to you

If you are being honest, which is no sure thing, you dont know how to think.

 

[Althea]

That wouldn't affect Tesla's stock price. He sold shares to raise the funds, true, but stock is stock no matter who owns it.

In theory, when you dump billions in shares, that increases the number of shares available. The price would naturally drop.

Of course, there are other factors lately, but you can draw a direct line to the share price drop and Musk's raiding the coffers.

No, it doesn't either increase or decrease the number of shares available, as far as I know. The population of shares is finite. Selling them doesn't increase their number. Elon owned the number of shares he sold - now someone else does.

It increases the number of shares available. The number of shares is not infinite if the company isn't looking for an influx of money.

Well, agree to disagree. The only thing that can increase the number of shares available is a split.

One way to decrease the number of shares in circulation is if a company is taken private. Twitter, for example was publicly traded. Then Elon bought all the shares and took it private. Now there are zero Twitter shares in circulation.

This is from the source you just linked me to - which proves my point:

"At most times the number of outstanding shares is a fixed number. However, a company can expand the number of shares by splitting or by a secondary offering."

It's exactly what I posted, except for the secondary offering.

You understand that stock represents equity or ownership, right? Lets say you could sell stock representing ownership in your home. Say at the value of your home at the time of your IPO is $1,000,000. You issue 10 shares at $100,000/ea. Over time the value of your home, based on the market may increase or decrease but the number of shares, 10, will remain the same.

And if you sell 5 shares, there are now 5 available. And when I say 'sell', that assumes that someone is going to buy them.

In the case of Tesla, such a large move put more shares available on the market, so the price dropped as a result of availability.

 

[Althea]

LOL, I know. The MAGAs want to keep us addicted to fossil fuels - not because they want to die from CO2 poisoning - it's because they perceive any effort to reduce our carbon footprint is a "lib" endeavor and more than they care about the Earth's future, they want to just "own the libs".

It's hillarious, now because Elon is their hero and now he's running Tesla into the ground while playing the world's "Tokyo Rose".

I thought for sure I would find the term 'woke' in here too!

Did T.A comment when Big Oil stocks tanked during Covid?

 

[LurchAddams]

I thought for sure I would find the term 'woke' in here too!

Did T.A comment when Big Oil stocks tanked during Covid?

Anything that has to do with preserving our environment, the MAGAs are going to balk at. They look at efforts to prolong the life of this planet as being a "pussy tree hugger". It's the same concept as what's going on now with raising the debt ceiling. Despite twump being responsible for over 25% of the increase in debt, their opportunism - their desire to "own the libs" overtakes their common sense and sense of commitment to serve their constituents. If we default on our obligations - stocks will tank, government workers, including our military won't get paid and people will suffer.

The GOP can't govern. Their only ambition is to be a star on Fox News or to get mentions from the MAGAs on Twitter.

 

[T. A. Gardner]

And EV stocks are the only stocks in serious trouble, according to you

No, I only commented on EV stocks. I'm sure there are others in trouble too, there usually are.

 

[LurchAddams]

No, I only commented on EV stocks. I'm sure there are others in trouble too, there usually are.

The CEOs running car companies aren't tree-hugging libs, you know. They're going EV because they know we're about to run out of oil eventually and they need Americans to keep buying cars.

 

[T. A. Gardner]

Anything that has to do with preserving our environment, the MAGAs are going to balk at. They look at efforts to prolong the life of this planet as being a "pussy tree hugger". It's the same concept as what's going on now with raising the debt ceiling. Despite twump being responsible for over 25% of the increase in debt, their opportunism - their desire to "own the libs" overtakes their common sense and sense of commitment to serve their constituents. If we default on our obligations - stocks will tank, government workers, including our military won't get paid and people will suffer.

The GOP can't govern. Their only ambition is to be a star on Fox News or to get mentions from the MAGAs on Twitter.

While not a MAGA, I want what works. What doesn't work is the radical Left's green agenda. Solar and wind are total losers. There's plenty of evidence piling up of that. What the radical Left won't accept is using natural gas--far better than coal or fuel oil--to transition to vastly more nuclear power. Then, using natural gas to make anhydrous ammonia or hydrogen to power vehicles and as a portable fuel. That works, and it pretty much accomplishes what the radical Leftist greentards want to do--reduce CO2 output.

 

[LurchAddams]

While not a MAGA, I want what works. What doesn't work is the radical Left's green agenda. Solar and wind are total losers. There's plenty of evidence piling up of that. What the radical Left won't accept is using natural gas--far better than coal or fuel oil--to transition to vastly more nuclear power. Then, using natural gas to make anhydrous ammonia or hydrogen to power vehicles and as a portable fuel. That works, and it pretty much accomplishes what the radical Leftist greentards want to do--reduce CO2 output.

Your opinion is noted. When we run out of oil and are choking in our own exhaust I guess we can just ride bikes weaning gas masks.

 

[T. A. Gardner]

The CEOs running car companies aren't tree-hugging libs, you know. They're going EV because they know we're about to run out of oil eventually and they need Americans to keep buying cars.

No, they're going EV because government is forcing them to. Note how California, the single largest market for cars in the US--has enacted a ban on all non EV's starting 2035. That is political and nothing else. We aren't running out of oil, and it is even possible to manufacture new oil at will. Solar and wind cannot supply America's energy needs, they can't even come close.