Yes if it drops below $400B at any time in 2024.
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@mods Inactive creator
Mkt cap 1.27T at current price of 403.84 USD
52-wk low 138.80
$1.27T /403.84 *138.8 = $436Bn
implies it should resolve no
While there could be some* share issues between low point 22 April and now the percentage on this market falling after this date indicates people have checked how it is going at various times.
*Tesla has not needed to raise cash for a long time, it has a large cash pile but some share incentives to employees are possible but extremely unlikely to be huge enough as in 10% of outstanding shares that are needed to be significant enough to make a yes resolution possible. (Musk's 56b 10 year compensation deal vested over several years and was fully vested before this period)
If you need evidence on any increase in number of shares, let me know.
Just checking: If market cap goes up to $1.4tn then falls to $699bn then starts rising again, Does this resolve yes because 699bn < 1.4tn/2 or does it resolve no because 699bn is not as low as $401.23bn?
If the latter, why not just word it as: "Will Tesla market cap fall under $400bn?" Description could note that at market creation Tesla market cap is $802.46bn so it would be a halving of the market cap.at claim creation.