Up another 5% premarket... another fun ride tonight hopefully..

The hermitage offshore can sailing?

whaat ?

U noticed hermitage offshore up down macam here punya glove?
I meant can sailang into it?

Tesla said on Tuesday it plans to raise up to $5 billion through a share sale program to be conducted by Wall Street’s main brokerages.

The sales agents include major banks such as Goldman Sachs & Co, Bank of America Securities, Citigroup Global Markets and Morgan Stanley & Co, the electric carmaker said in a filing.

This will cause some dilution.

This is the reason I hate stock splits.

Got charged 20 Euros for the bank to do a simple multiplication.

Are you in Germany? Not spend time to meet Elon? I saw video where he was crowded with ppl following him😆

San Jose-based QuantumScape, a 2010 spinout from Stanford University, said it will form a joint venture with VW to produce solid-state battery cells, starting in 2024, for VW’s electric vehicles, and eventually for other carmakers.

“Our ambition is to be a (battery) supplier to the industry as a whole,” QuantumScape founder and CEO Jagdeep Singh said in an interview.

VW has committed more than $300 million to QuantumScape. Other corporate investors include Shanghai Auto (600104.SS), which is partnered with VW in China, and German auto supplier Continental AG (CONG.DE).

Venture backers include Bill Gates, Khosla Ventures and Kleiner Perkins. The Qatar Investment Authority also participated in the latest funding round.

Ahead of the merger announcement, QuantumScale raised $500 million from institutional investors, led by Fidelity Management & Research.

Singh said QuantumScape’s lithium-metal battery uses a solid ceramic electrolyte which he said is safer than using a conventional liquid electrolyte. It also eliminates the need for an anode, allowing the battery to charge more quickly - up to 80% capacity in just 15 minutes. Also, its energy density is much higher, exceeding 400 watt-hours per kilogram, which far surpasses 250 Wh/kg for the best current lithium-ion batteries.

“The company has an opportunity to redefine the battery landscape,” said Tesla (TSLA.O) co-founder J.B. Straubel, CEO of Redwood Materials, a Silicon Valley battery recycling startup.

I am glad i took profit with TSLA a few days ago at 446. Took profit from SHLL to at 50% yesterday as well.. i think i sold SHLL at the bottom yesterday..