Jamesmmk
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The mentioned "Permit" in Singapore is call the COE (Certificate Of Entitlement) where ranges from S$81,000 (goods vehicles) to S$114,000 (large/luxury vehicle) an individual or company have the right to own a vehicle for 10yrs. Afterwhich the owner can either export, scrap or renew with another 5yrs/10yrs based on thefuture pricing of the COE. So most vehicles Are reasonably less than 10yrs old with a small fraction of >10yrs old. Tesla Model Y RWD base price >S$142,000 excl. COE & others taxes (reg. fee etc.) which make it a grand total of >S$250,000 (incl. COE at S$113,000) on-the-road. One can work the math for a AWD Model Y with base price of >S$190,000
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As retail investor, it best to hold on now to thestock. Buying is likely on the higher side for the past week.
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That's indeed good news. Not buying the social media platform doesn't come cheap either. There's termination penalty involved.
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It will only be bad news if the final verdict concludes that Tesla had to compensate all the ex-employees (layoffs recently) that filed the class-action lawsuit. The amount will be a hughones.
TSLA Stock Treks Higher as Tesla Faces Mass Layoffs Lawsuit
With such an announcement, it will highly made the share prices of both Twitter & Tesla to dive a little longer but a shallow one. Ot up to every retail investor to judge what is the reasonable price to buy. I always believed is that what went down will eventually raise again. It a matter of time.
Tesla Cuts Job Openings Since Elon Musk's Economic Warning
Simply can't understand his action as Tesla still have thousands of backlog orders to fulfill. Cutting down on staff at this critical period. Buying Twitter make no sense either. With his wealth, he can simply put up a few hundreds millions to startup a social media platform instead of digging to his own wealth to buy an overpriced platform.
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That's good news for Tesla share holders if really the deal to buy Twitter go south.
Twitter Plunges After Musk Says Company Has Materially Breached Deal Agreement
Tesla stocks are not for the weak hearted investors as it can surged upwards quickly while within the next couple of mins, it can also freefall. Best is buy at your comfortable price & hold for this period of time. Whatever go down will eventually raised.
TSLA Stock News: 5 Biggest Headlines That Tesla Investors Need to Know This Week
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