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0 pointssp3329y ago0 comments

jaynos is saying that TSLA is unlikely to go much above $235, but Solar City had a lot of potential to move above $26.70. By converting them now, they've basically thrown away all the potential future movement.

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mikeyouse9y ago

The point is, that share prices are absolutely meaningless without the number of shares which just gives you market capitalization. Tesla could just do a 8:1 split and their per-share price would be $30/share -- Would that change their upside? Of course not.

pavlov9y ago

Presumably jaynos meant those prices are relevant in relation to historical prices: Tesla is near all-time highs, while SolarCity's share price has been around $75 at one point.

I do agree with another poster that SolarCity was more likely to be heading towards $0, rather than back to $75.

rhino3699y ago

Potential upside is considered by the market in current pricing.

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