Retail investors propose to Tesla Inc.'s Board to consider Share Buyback

The Issue

Retail investors in Tesla stock would like the Board of Tesla Inc. to consider Share Buybacks at the earliest convenience, to use the remaining six weeks of 2022.  The current stock price represents an excellent opportunity to buy a greatly undervalued stock.

Main reasons to conduct this Buyback swiftly are:

  • benefit from a currently very unvalued stock price
  • show confidence in Tesla's future results
  • act before the 1% tax on share buybacks becomes applicable on Jan 1, 2023
  • operate the buyback under current SEC rules, which will change reporting standards in the foreseeable future

For further information, please refer to these two articles

6,602

The Issue

Retail investors in Tesla stock would like the Board of Tesla Inc. to consider Share Buybacks at the earliest convenience, to use the remaining six weeks of 2022.  The current stock price represents an excellent opportunity to buy a greatly undervalued stock.

Main reasons to conduct this Buyback swiftly are:

  • benefit from a currently very unvalued stock price
  • show confidence in Tesla's future results
  • act before the 1% tax on share buybacks becomes applicable on Jan 1, 2023
  • operate the buyback under current SEC rules, which will change reporting standards in the foreseeable future

For further information, please refer to these two articles

Supporter Voices

Petition Updates