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In a move that will surely attract more retail investors, Tesla at the start of this month announced that the company will be doing a stock split. And now thanks to multiple leaks we have information that the EV maker is looking to do a 20 to 1 split.
The New York Times recently shared what appeared to be text messages between Elon Musk and Bill Gates where the former Microsoft CEO admits that he has a $500 million short position against Tesla. Elon Musk has now confirmed the text messages are indeed authentic but, denied that he was behind the leak.
Elon Musk says when you consider all new things created by Tesla and are not made by other automakers, Tesla is actually more than a dozen startups in one. Here are all the different startups included in the Tesla umbrella.
Tesla's China factory with the entire city of Shanghai is currently under lockdown due to a surge in COVID cases. The factory has now been shut down for 3 weeks and in that time Tesla has lost over $2.5 billion in sales.
In a heartfelt TED Talk, 2022 interview, Elon Musk opens up about how he loses sleep over Tesla and how he works to the edge of insanity, fueled by the realization that every quality minute of thinking about the EV maker translates to a million dollars.