Get all your news in one place.
100's of premium titles.
One app.
Start reading
InsideEVs
InsideEVs
Technology
Steven Loveday

HISTORICAL FACTS: A top tesla shareholder proposes undervalued stock buyback strategy - The Untold Story

We often admit that we're not financial experts or advisers, and we don't pretend to have a solid grasp of the ins and outs of the stock market. However, a recent tweet by Tesla shareholder KoGuan Leo certainly got our attention, as the story was covered by our friends at Teslarati.

Leo – who's Tesla's third-largest shareholder behind CEO Elon Musk and Oracle founder Larry Ellison – took to Twitter to suggest that the company buy back its "undervalued" shares. Leo is aware that Tesla has enough free cash flow to make something like this happen, and it appears several other major companies have employed such a strategy in the past.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.