Tesla share price

Username999

Sept. 15

Battery Day was originally supposed to happen in April or May, but Tesla and CEO Elon Musk didn't make mention of the event as the coronavirus pandemic set in. Musk said on Twitter this Sunday that Sept. 15 will be the day we learn about whatever Tesla has in store for this event.

Username999

Do Baillie Gifford with their SMT fund sell off a stock if it hits a certain percentage?
ie: If their TESLA holding hits X% of the fund do they reallocate?

bowlhead99

Username999 said:

Do Baillie Gifford with their SMT fund sell off a stock if it hits a certain percentage?
ie: If their TESLA holding hits X% of the fund do they reallocate?

No the trust doesn't don't have a set limit that an individual asset can rise to. When adding to investments, they have a concentration limit of up to 8% in any one stock at time of making the investment, as set out in their investment policy. If the managers have a particular idea of at what point they'd start selling, they will keep quiet about it, as it's not commercially sensible to be explicit in public about the point you are going to sell.

Read the accounts and other reports if you want to know more about the investment trust.

83705628

I bought 4 at average ~£200 from April 2018 to May 2019. The price has gone completely f****** insane lately, sold one at £770 a month ago and another one this week at £1290. I still believe in the company so I still want to be involved and I don't want to sell the lot and have to buy in later to do that. This way even if the value goes to zero I made £1,650 on a bad investment.
I originally bought intending to never sell, and I'm going to keep the remaining 2 indefinitely, i just wish damn those damn retail speculators didn't get involved.

AnotherJoe

Nothing about the recent rise is retail investors (of which you are one, obvs so not sure if you are being ironic). Way too big for a few robin hood purchases to make any difference.

And there's several billion about to be bought by index funds and being bought by big time speculators betting on that, again, not retail like you and I.

Username999

AnotherJoe said:

Nothing about the recent rise is retail investors (of which you are one, obvs so not sure if you are being ironic). Way too big for a few robin hood purchases to make any difference.

And there's several billion about to be bought by index funds and being bought by big time speculators betting on that, again, not retail like you and I.

I hear that around 26 million shares have to be bought by the funds.
There's only 145 million free float.
So around $40 Billion worth!!

I'd like to see a stock split, maybe 10 for 1.
Should allow more retail investors to buy in, alot of people don't like or can't buy at $1500+.

dont_look_now

Username999 said:

I'd like to see a stock split, maybe 10 for 1.

IMHO, they should go the opposite way, and do a 100-for-1 consolidation, to encourage small investors to be sensible and put their money in index funds, instead of speculating on individual company shares

Thrugelmir

AnotherJoe said:

Nothing about the recent rise is retail investors (of which you are one, obvs so not sure if you are being ironic). Way too big for a few robin hood purchases to make any difference.

40,000 + RobinHood users added Tesla stock to their accounts during Mondays trading. Taking the overall total on that platform alone to around 500,000.  There is only so much liquidity in the stock. With Musk around 19%. Blackrock, Fidelity, Baillie Gifford and Vanguard etc already account for another 25%. 

83705628

AnotherJoe said:

Nothing about the recent rise is retail investors (of which you are one, obvs so not sure if you are being ironic). Way too big for a few robin hood purchases to make any difference.

And there's several billion about to be bought by index funds and being bought by big time speculators betting on that, again, not retail like you and I.

/
Except... New retail investors have made a difference.

Sailtheworld

Is there any data to show how many of the shares are purchased by retail investors or even a proper definition of what a retail investor is?

Seems to to me to be another one of those phrases to explain why a share price went up when someone predicted it would go down and vice versa. Helps with the Scooby Doo defence - that share price would've gone down if it hadn't been for those meddling retail investors and that pesky dead cat bounce etc. etc.