Quick Thoughts on TSLA Share Price (08.09.18)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 9 August 2018
⏱️ 4 minutes
🧾️ Download transcript
Summary
– TSLA currently trading at $367/share, a 14.5% discount to the $420/share proposed buyout
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Executive producer Jerome Jorden
Executive producer Rob Gill
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock
The post Quick Thoughts on TSLA Share Price (08.09.18) appeared first on TechCast Daily.
Transcript
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| 0:00.0 | Hello and welcome to the Thursday August 9th |
| 0:08.0 | 2018 edition of Tesla Daily on official Tesla podcast. |
| 0:11.2 | My name is Rob Maurer, quick episode today discussing a couple more thoughts on |
| 0:14.1 | Tesla potentially going private. |
| 0:15.8 | Tesla stock on Wednesday closed down 2.43% to $370.34 cents, as compared to the |
| 0:21.7 | Nasdac up 0.06%. Personally, I will is dollar buyout potential share price. In the pre-market today Tesla continues to be |
| 0:33.6 | down another 1% to about $367 per share. That means there's currently a 14.5% |
| 0:39.6 | discount from the current share price to the $420 |
| 0:42.5 | potential buyout share price. |
| 0:44.0 | This is a pretty big discount to apply |
| 0:46.5 | in the current situation, I think. |
| 0:48.5 | There seems to be a lot of questioning |
| 0:50.6 | on whether Musk was allowed to tweet what he did, if it was manipulation of the stock, |
| 0:55.6 | if the SEC is going to investigate. |
| 0:58.1 | All of that is distraction in my opinion. |
| 1:00.3 | It is legal for Tesla to announce material information on Twitter. |
| 1:03.6 | They've done it many, many times in the past. |
| 1:05.8 | This is not different. |
| 1:06.9 | So the method of communication, in my opinion and understanding, |
| 1:10.3 | is fine. |
| 1:11.1 | So the only thing that's really left to debate is whether or not any of the information that was posted by Elon on |
| 1:16.0 | Twitter could have been potentially misleading. Despite what we've seen on |
... |
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