Post# 1580888808

5-Feb-2020 1:46 pm

  • Just a few years ago it seemed that Tesla's days were numbered. It was about to go bankrupt, in 6 months.

  • The opposite happened, its shares have now surged from $200 to $1000. A x5 return. Musk's personal gain is $13b this quarter, as he opted for $1 salary as CEO.

  • Now the twist : Saudi [read MbS] was diversifying its investment from oil to stocks. It purchased Tesla's stock during its down time. And now that stocks have surged it should have gained a lot, right?

    News : Saudi's investment fund sold all its Tesla shares by the end of 2019 -- just before this surge started.

    5-Feb-2020 1:46 pm

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