Contact

Tesla – the stock exchange punishes the company

By

July 2, 2019

Image titel:

Sources:

Tesla – the stock exchange punishes the company

By no means a spectacular Tesla stand at Intersolar, but still of great interest
By no means a spectacular Tesla stand at Intersolar, but still of great interest

Firstly, all Tesla shops should be closed, because it would be easier to sell the vehicles via the Internet, then some showrooms should remain, because firstly, Tesla would like to continue to be present in important locations (big cities) and secondly, Tesla would not be able to get out of long-term rental agreements without paying a penalty.

Such a report doesn’t really belong in public, but Elon Musk is very special.

Advertisements

Then the new SUV model Y was introduced, which will only be delivered sometime in 2020. Analysts from various investment banks have expressed criticism that this new model could compete with the Model 3, since some Model 3 pre-orderers are now switching to the Model Y. After all, there is little difference in price, but the Model Y is even more appealing in terms of features/optics. Unfortunately, there are no exact numbers of how many Model 3 pre-orders are still available.

It was well known that Tesla urgently needed new capital, especially as a convertible bond in March reduced cash holdings by over US$ 920 million and almost half of the remaining US$ 2.2 billion was due to advance payments. A good US$ 2.7 billion in fresh capital now flowed into the account: 3.55 million new shares were issued for US$ 243 each, and a new convertible bond (Senior Notes, maturity 2024) in the amount of US$ 1.84 billion with a 2% coupon was purchased. Elon Musk himself used US$ 25 million himself to participate in the capital increase. But be careful: This is a clever manoeuvre to build trust. On the other hand, he pledged 13.4 million shares for personal loans. This is supposed to be an amount of 500 million to 1 billion US dollars – without any commitment – so that the 25 million US dollars are rather symbolic like peanuts.

It is interesting to note that very many media (print and TV) regard this US$ 25 million as a very important positive argument. Musk has reached his goal, chapeau. Meanwhile, Elon Musk’s next mistake immediately followed, as he considers the US$ 2.7 billion to be sufficient for only ten months and a savings program will be started.

read more in H2-international July 2019

Author: written by Sven Jösting, May 24, 2019

Kategorien: worldwide

Here are interesting and current articles on the topic of hydrogen – stocks and the stock market!

Economic prospects for companies in the hydrogen sector | Future, stocks & hydrogen companies on the stock exchange and more…

Which hydrogen companies will prevail in the competitive market in the long term? Get tips and cartwheels and learn more about risks or opportunities. Our stock market specialist and expert author Sven Jösting reports critically, independently and competently.

Mar 15 2024

Search for the ideal hydrogen storage

Interview with Thomas Korn, CEO of water stuff & sun Startup company water stuff & sun has...
Mar 15 2024

Is exponential growth slowing down?

Fuel Cell Industry Review 2022 Year 2022 saw fuel cell shipments creep up over 2021 numbers,...
Mar 11 2024

On the way to becoming a green hydrogen partner

Oman aims to score points with H2 infrastructure Wind, sun and loads of expertise – these...
Mar 07 2024

We can master a scale-up for green hydrogen

Interview with Dr. Kai Fischer, Director at RWTH Aachen The efficient scaling of green hydrogen...
Mar 07 2024

Frustration over continuing uncertainties

Interview with Jorgo Chatzimarkakis, CEO of Hydrogen Europe There is a lot that needs sorting out...
Mar 05 2024

“If ever there was momentum for hydrogen, it is now”

Interview with Dr. Jochen Köckler, chairman of Deutsche Messe “We’re bringing people together.”...
Feb 28 2024

H2Direkt: Blueprint for heating with pure H2

The energy providers Thüga und Energie Südbayern (ESB) as well as Energienetze Bayern have...
Feb 26 2024

Just switch over?

Hydrogen in the existing natural gas network Whether hydrogen contributes to the clean heating...
Feb 26 2024

Pilot plant for coating bipolar plates

At Fraunhofer FEP (Fraunhofer-Institut für Organische Elektronik, Elektronenstrahl- und...
Feb 20 2024

55 MW electrolyzer to decarbonize Saarland

Hydrogen Regions series: HydroHub Fenne living lab The power plant site in Fenne, Völklingen, a...
Feb 20 2024

Chicken feathers as FC membrane material

Feathers from chickens or other poultry could in the future help make fuel cells more effective...
Feb 15 2024

SMEs demand more security

Guest article by André Steinau, CEO of GP Joule Hydrogen After all, the Ampel Coalition leading...
Feb 15 2024

Accelerated expansion of renewable energies

RED III is here – Elsewhere, the wait continues Progress is being made at EU level – albeit...
Feb 12 2024

Picea 2 relies on lithium instead of lead

HPS presents new product generation The company HPS Home Power Solutions has unveiled a new...
Feb 12 2024

H2 production by photocatalysis

The direct generation of hydrogen from sunlight has long been considered the most elegant solution...
Feb 05 2024

Regional instead of international

Hy-Fcell has it difficult asserting itself The aspiration of Landesmesse Stuttgart with Hy-Fcell...
Feb 01 2024

Hydrogeit Verlag turns 20 years old

Hydrogeit Verlag is proudly celebrating its 20th anniversary as a renowned specialist publisher in...
Jan 26 2024

Stracke other H2Now managing director

BMV Energy GmbH is entering the market as another player in hydrogen refueling stations. The...
Jan 26 2024

Starting points for a comprehensive hydrogen ramp-up

Industry congress GAT 2023 in Cologne To establish a functioning hydrogen economy, the entire...
Jan 26 2024

The industry highpoint in autumn

Hydrogen Technology Expo total success In autumn 2023 as well, the Hydrogen Technology Expo was...

0 Comments

Leave a Reply