Cc you could very well be right.
The 4/1 stock split will take effect on Monday it will , along with Apples 3/1 split , be very interesting where it settles at the close of trade on that day, I suspect it will be a slight rise on the day .
Printable View
I suspect the cash raise is to ease index funds to get their "compulsory" allocation if it gets added to S&P 500. There are lots of short sellers and the like trying to discourage Teslas inclusion in the index, despite Tesla appearing to meet the S&Ps criteria. Shame they did not go for 10 billion.
Back to pre split level after shake out !
https://www.cnbc.com/2020/09/06/tesl...cher-says.html
I am sure the Tesla zealots will have strong counter arguments but to be quite frank, I couldn't care less.
I wouldn't touch this with a 40ft barge pole.