Long term Fund Active ETF
co-founder Gary Black despatched a letter to
Tesla
board of administrators with a recommendation on how to invest some of the company’s rising dollars hoard.
He would like them to acquire back
Tesla
(ticker: TSLA) inventory. Share buybacks can raise any stock. Right after all, a firm is just one more purchaser of shares—and when there are far more purchasers than sellers, stock costs increase.
