I am sure several of the big shareholders dumped a lot of stocks after the split. https://www.foxbusiness.com/markets/tesla-stock-baillie-gifford-sell-portion-stake
While I don't like the delivery of this particular episode (otherwise I find these guys quite good), the explanation is almost word for word that of my assessment upon learning of the $5B stock issue, as that it is/was meant to help maintain Tsla share price low long enough to give the S&P fund managers the opportunity to buy without overheating the price. In effect, Tsla is artificially low (yes, I said it! ) and is about to recover (started Thursday 9th) and will reach new highs within 2 weeks, with an S&P announcement before year end.
Six Giant Tesla Batteries Keep British Lights on for First Time Read more at: https://www.bloombergquint.com/tech...a-batteries-used-to-keep-lights-on-in-britain Copyright © BloombergQuint
Drum roll please... https://livestream.tesla.com/?fbclid=IwAR23rbFRlTaPwC8tLmszmFD6RZnc5xkpKWtX6JKsrPWO2niDeoDhs19bja4
"M. Stanley Whittingham, who won a 2019 Nobel Prize for his development of lithium-ion batteries, cautions that solid-state batteries may be much more expensive to manufacture than traditional batteries. He also said solid-state batteries may not have the needed power capabilities. He expects solid-state batteries will first come to small devices such as cell phones and smartwatches, before going into larger things. Those markets can tolerate higher costs, he said, because consumers are less likely to notice a price increase on a device with a small battery, rather than a large one where the battery makes a big contribution to the overall price."
Whew...Model S Plaid. Only $140k Sub 2 second 0-60. 520 mile range. Not sure if thats worth the extra $45k over the performance.