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I feel like buying some stock in Tesla to make a contribution toward our future, not in the hopes of making money. If these shares make money, that will be a b
by cpplinuxdude 11y ago
I feel like buying some stock in Tesla to make a contribution toward our future, not in the hopes of making money.
If these shares make money, that will be a bonus.
- Yuioup 11y agoSomehow I am skeptical that you actually believe this.
- abledon 11y agoSome people just roll Lawful-Good in life
- JonFish85 11y agoIf that's the case, this is the rare case for your money to actually go to the company. Unless you're buying shares "directly" from the company (ignoring the middle-man for now), the company never sees your money. So if you want to do that, now's the time (or if you think they'll have another public offering in the future, wait, I guess).
- melling 11y agoYeah me too, but not really. You make absolutely no difference when you buy a few shares of stock. Can you buy the car? I believe consumers can make a big difference by helping new technologies. (e.g buy LED lights, hybrids, EV's). We can also help by supporting Kickstarter projects that make a difference. VR was Kickstarted. Maybe home solar or robotics will be next.
- toomuchtodo 11y agoI've ordered a Model X not because I need a fancy car, but to contribute towards Tesla revenue (I've been saving up specifically for this since I bought Tesla stock when they IPOd years ago).
- zardo 11y agoYeah me too, but not really. You make absolutely no difference when you buy a few shares of stock. Your shares matter in proportion, it may be a small number, but it isn't zero. A hundred thousand one dollar bills are worth just as much as a 100,000 dollar check, you can't just round the dollar bills down to zero.
- melling 11y ago$100,000/$30,000,000,000 = 0.00
- stygiansonic 11y agoIf by "contribution toward our future", you mean giving money to Tesla, buying their stock in the secondary market (i.e. the "stock market") doesn't transfer any money to them. You'd have to get in on the IPO or a secondary offering to have that effect. However, supporting the existing stock price could have an effect - typically the market price influences the price of a secondary offering like this.
- masklinn 11y agoIf Tesla offers new stock, that's additional money in their pocket.
- stygiansonic 11y agoThe "secondary offering" part of my comment already covers this. It also worthwhile to note that the underwriters will take a cut/percentage of whatever goes to the issuing company.
- jameshart 11y agoThat's always been a point of confusion for me with respect to the idea of 'ethical investment funds'. Buying shares in solar companies on the market, for example, just transfers money to people who have elected to get out of owning solar. Why would it be 'ethical' to give those guys money? What if they then take that money and go invest it in oil? As you say, the market price has an influence on secondary offering prices, so it affects a company's ability to raise further funds, but buying stock secondhand seems like a fairly indirect way of supporting a company's goals. Just like if you enjoy a band's music, you don't demonstrate your support by buying second hand records...
- kitcar 11y agoOnce a stock is trading on the stock market, buying the products of a company is a better way to support them then buying their stock IMHO. When you buy Tesla stock on the stock market Tesla gets no money from you - you are actually buying the stock from another entity independent from Tesla. Tesla only receives money when the stock is sold for the first time, by the Tesla Corporation to an outsider.