TESLA

Elon Musk's best Christmas present came from...Nasdaq

Although the automobile has been circulating on the surface of the planet for over 100 years and man has been traveling through space for 50 years, one man has revolutionized transportation on and off Earth. With Tesla, on the one hand, and SpaceX, on the other, Elon Musk has proven that there is always room for improvement, even the best concepts in the world.
If SpaceX is a private company valued at US $ 33.6 billion, owned by the directors and employees, in which Musk holds 54% of the capital and 78% of the voting rights, Tesla is a public share company (where Musk is the largest shareholder with just over 20%) and controlled by the market. This means that the value of the shares (and of the company) goes up when there is trust in the products and in the strategy, and then down if that same confidence disappears.
Musk has already expressed on some occasions his desire to make Tesla private, which was to bring together a group of investors to buy the shares that are on the market, and the last time he did so (in August 2018), the entity that controls the US Stock Exchange Commission, fined him $ 20 million, with Tesla having to pay something else.
As it is dependent on the markets, as well as short sellers making short sales, betting against the company, Tesla has fluctuated above-average value, which should start to decrease after short sellers have lost almost 8 billion, which usually discourages this type of business.



As if this were not enough, China managed to build the Tesla factory in Shanghai in record time; Model Y was anticipated almost nine months; Cybertruck, despite controversy, gathered more than 250,000 orders in the first week; and the European factory in Germany will make Tesla a global and independent brand of the American market.
All together, the value of California's electric vehicle manufacturer's shares increased from$ 177 per share in June 2018,$ 300 in October (which allowed it to surpass GM) and$349 in November (which put Tesla above Daimler in stock market capitalization) to an impressive $ 425.25. In other words, a new record, at the very end of December 24, which brought the value of Tesla to $ 76 billion, 13 billion more than a month ago.
With this valuation, Musk sees its value rise from 19.6 billion in August 2018 to the current $ 26.8 billion, or 7.2 billion more. It is a considerable Christmas gift, as according to the World Monetary Fund, there are at least 40 countries that produce lower wealth (GDP) annually.

Autonews