Monday, March 24, 2025

Tesla, Inc. is a publicly traded company listed on the NASDAQ under the ticker TSLA

 To determine how much of Tesla's stock is actually public, we need to consider the total shares outstanding and subtract the portions owned by insiders (such as executives and directors) to arrive at the "public float"—the shares available for trading by the general public, including both retail and institutional investors.

Tesla, Inc. is a publicly traded company listed on the NASDAQ under the ticker TSLA, with approximately 3.2 billion shares outstanding as of recent data points in 2025. The ownership structure includes insiders, institutional investors, and retail (individual) investors. Here's how we can break it down based on available information:
  1. Insider Ownership:
    • Elon Musk, Tesla's largest individual shareholder and CEO, owns around 13% of the company. With 3.2 billion shares outstanding, this equates to approximately 416 million shares (3.2 billion × 0.13).
    • Other insiders, such as board members and executives, hold a smaller portion. Estimates suggest total insider ownership, including Musk, is around 13% to 14%. For simplicity, let’s assume 14%, or roughly 448 million shares (3.2 billion × 0.14).
  2. Total Shares Outstanding:
    • Approximately 3.2 billion shares.
  3. Public Float Calculation:
    • If insiders own 14% (448 million shares), the remaining 86% (2.752 billion shares) is held by the public, which includes both institutional investors (like Vanguard and BlackRock) and retail investors.
    • This 86% represents the "public float"—the portion of Tesla's stock available for trading on the open market.
  4. Breakdown of Public Ownership:
    • Institutional investors hold a significant chunk of the public float, estimated at around 43% to 47% of total shares (depending on the source and date). Using 46% as a midpoint (based on recent sentiment from posts on X and web data), this is about 1.472 billion shares (3.2 billion × 0.46).
    • Retail investors account for the rest of the public float. If insiders hold 14% and institutions hold 46%, retail investors would own approximately 40% (3.2 billion × 0.40 = 1.28 billion shares). This aligns with estimates suggesting retail ownership is around 30% to 43%, with 40% being a reasonable current approximation.
Final Answer:
Approximately 86% of Tesla's stock is "public," meaning it is not held by insiders and is available for trading by institutional and retail investors. This equates to roughly 2.752 billion shares out of the 3.2 billion total shares outstanding, as of the latest estimates in 2025. The public float is split between institutional investors (around 46%) and retail investors (around 40%), with these percentages varying slightly depending on market activity and reporting dates.

JEDO must go.

https://www.facebook.com/share/p/1A8VpgcCLZ/?mibextid=xfxF2i

Henry McClure  
785.383.9994
sent from mobile 📱
time kills deals

Sunday, March 23, 2025

KORA

Kansas Open Records Act (KORA) Request

Date: March 23, 2025

Property Information:

  • Address: 220 SE 6th Ave, Topeka, KS 66603
  • Owner Name: 220SE6TH LLC
  • Size: 1.13 Acres
  • Parcel ID: 1093101021006000

Requested Information:

  1. Provide the lease agreement that the Joint Economic Development Organization (JEDO) intends to enter into, is currently negotiating, or has already entered into with the owner of the property at 220 SE 6th Ave, Topeka, KS 66603 (220SE6TH LLC).
  2. Disclose the names of all members of 220SE6TH LLC.
  3. If any members of 220SE6TH LLC are also members of the following organizations—Go Topeka, Greater Topeka Partnership, Downtown Topeka, Visit Topeka, or the Greater Topeka Chamber of Commerce—provide details of each individual's contributions (financial, in-kind, or otherwise) to each of these organizations.
  4. Release the minutes of the Go Topeka board meeting where the lease agreement for the property at 220 SE 6th Ave was approved.
  5. Provide a copy of the broker's opinion from Mike Morse of Kansas Commercial Real Estate regarding the property or lease in question.

 

Henry McClure



--
Henry McClure 
Time kills deals
785-383-9994

www.henrymcclure.live

Fwd: Collection Time

she read it 

---------- Forwarded message ---------
From: Karen A. Hiller <khiller@topeka.org>
Date: Sun, Mar 23, 2025 at 9:09 PM
Subject: Re: Collection Time
To: Henry McClure <mcre13@gmail.com>


Thanks, Henry!

From: Henry McClure <mcre13@gmail.com>
Sent: Sunday, March 23, 2025 9:04 PM
To: Spencer Duncan <sduncan@topeka.org>; Karen A. Hiller <khiller@topeka.org>
Cc: Governing Body <governingbody@topeka.org>; City Clerk <cclerk@topeka.org>; City Manager <citymanager@topeka.org>; MCRE Media <mcre1.snco@blogger.com>; John Alcala <jalcala3@cox.net>; patrick@patrickforkansas.com <patrick@patrickforkansas.com>; Kevin Cook <kevin.cook@snco.us>; PC-Donna McGinty <cdmcginty@yahoo.com>
Subject: Collection Time
 
Spencer and Karen,

Spencer, 

You want to be mayor? This is a good issue to sink your teeth into. 

Karen, 

You always say how you are "learning" 

K.S.A. 79-2801(c), related to judicial tax foreclosure sales in Kansas. Let me break it down clearly based on the information provided:

Under Kansas law (K.S.A. 79-2801(c)), if property taxes on a piece of land within a city's corporate limits have been delinquent for at least three years after the property first becomes eligible for a judicial tax foreclosure sale, and the county commissioners have not started the foreclosure process, the city's governing body can step in. The city is then granted the authority to initiate a judicial tax foreclosure sale on that property.
In this situation:
  • The city's governing body takes on the same responsibilities and powers as the county commissioners would have to carry out the sale.
  • The city attorney assumes the role and duties typically held by the county attorney or county counselor.
  • All other county officials must still perform their legally required tasks related to the sale, treating it as if the county commissioners had initiated it.
This provision essentially allows a city to act when the county fails to address long-delinquent property taxes, ensuring the process moves forward. If you have a specific question about this or need further clarification, feel free to ask!

For Karen

Yes, in many jurisdictions, including Kansas under certain conditions, delinquent special assessments can become a lien on a property, similar to unpaid property taxes. However, the specifics depend on state law and local regulations. Let's explore this based on general principles and Kansas law, since your previous question referenced K.S.A. 79-2801(c).
General Principle
Special assessments are charges imposed by a local government for specific improvements or services that benefit a property (e.g., road paving, sewer installation, or sidewalks). When these assessments go unpaid, they often become a lien on the property, meaning the debt is attached to the property itself and must be settled before the property can be sold or transferred free of encumbrances. Like property taxes, these liens typically have a high priority, often equal to or just below general property taxes.
Kansas Law Context
In Kansas, special assessments are addressed under statutes like K.S.A. 12-6a01 et seq. (for general improvements) and other related provisions. When special assessments are levied, they are typically certified to the county clerk and added to the property tax roll. If they remain unpaid, they can become delinquent and, under K.S.A. 79-2004 and related statutes, may be treated similarly to delinquent property taxes. This means:
  1. Lien Status: Delinquent special assessments generally become a lien on the property, enforceable through mechanisms like tax foreclosure sales. K.S.A. 79-2801 (the statute you referenced earlier) governs judicial tax foreclosure sales and applies to "taxes" broadly, which courts have interpreted to include special assessments in certain cases, as they are collected in a similar manner.
  2. Foreclosure Process: Just as with property taxes under K.S.A. 79-2801(c), if special assessments remain delinquent for a sufficient period (often aligned with the three-year threshold for taxes), the property may be subject to a judicial tax foreclosure sale initiated by the county or, as your prior question noted, by the city if the county fails to act.
  3. Priority: In Kansas, special assessment liens typically have priority over private liens (like mortgages) and are often on par with property tax liens, though property taxes might take precedence if there's a conflict. This is outlined in statutes like K.S.A. 79-1804, which governs the priority of tax liens.
Key Similarity to Property Taxes
Like property taxes, delinquent special assessments:
  • Are secured by the property.
  • Accrue interest and penalties if unpaid.
  • Can lead to the loss of the property through foreclosure if the delinquency persists.
Potential Differences
  • Creation: Special assessments arise from specific improvements, not general taxation, so their imposition and notice requirements might differ.
  • Collection: While collected with property taxes in many cases, some jurisdictions treat them separately for accounting or enforcement purposes.
Conclusion
In Kansas, under the framework of K.S.A. 79-2801 and related statutes, delinquent special assessments generally do become a lien on the property, much like property taxes, and can be enforced through the same judicial tax foreclosure process. If you're dealing with a specific case or property, I'd recommend checking the local ordinance or consulting the county treasurer's office, as procedural details (e.g., timing, notice) might vary slightly by jurisdiction.
Let me know if you'd like me to dig deeper into a particular aspect!




--
Henry McClure 
Time kills deals
785-383-9994

www.henrymcclure.live


--
Henry McClure 
Time kills deals
785-383-9994

www.henrymcclure.live

Collection Time

Spencer and Karen,

Spencer, 

You want to be mayor? This is a good issue to sink your teeth into. 

Karen, 

You always say how you are "learning" 

K.S.A. 79-2801(c), related to judicial tax foreclosure sales in Kansas. Let me break it down clearly based on the information provided:

Under Kansas law (K.S.A. 79-2801(c)), if property taxes on a piece of land within a city's corporate limits have been delinquent for at least three years after the property first becomes eligible for a judicial tax foreclosure sale, and the county commissioners have not started the foreclosure process, the city's governing body can step in. The city is then granted the authority to initiate a judicial tax foreclosure sale on that property.
In this situation:
  • The city's governing body takes on the same responsibilities and powers as the county commissioners would have to carry out the sale.
  • The city attorney assumes the role and duties typically held by the county attorney or county counselor.
  • All other county officials must still perform their legally required tasks related to the sale, treating it as if the county commissioners had initiated it.
This provision essentially allows a city to act when the county fails to address long-delinquent property taxes, ensuring the process moves forward. If you have a specific question about this or need further clarification, feel free to ask!

For Karen

Yes, in many jurisdictions, including Kansas under certain conditions, delinquent special assessments can become a lien on a property, similar to unpaid property taxes. However, the specifics depend on state law and local regulations. Let's explore this based on general principles and Kansas law, since your previous question referenced K.S.A. 79-2801(c).
General Principle
Special assessments are charges imposed by a local government for specific improvements or services that benefit a property (e.g., road paving, sewer installation, or sidewalks). When these assessments go unpaid, they often become a lien on the property, meaning the debt is attached to the property itself and must be settled before the property can be sold or transferred free of encumbrances. Like property taxes, these liens typically have a high priority, often equal to or just below general property taxes.
Kansas Law Context
In Kansas, special assessments are addressed under statutes like K.S.A. 12-6a01 et seq. (for general improvements) and other related provisions. When special assessments are levied, they are typically certified to the county clerk and added to the property tax roll. If they remain unpaid, they can become delinquent and, under K.S.A. 79-2004 and related statutes, may be treated similarly to delinquent property taxes. This means:
  1. Lien Status: Delinquent special assessments generally become a lien on the property, enforceable through mechanisms like tax foreclosure sales. K.S.A. 79-2801 (the statute you referenced earlier) governs judicial tax foreclosure sales and applies to "taxes" broadly, which courts have interpreted to include special assessments in certain cases, as they are collected in a similar manner.
  2. Foreclosure Process: Just as with property taxes under K.S.A. 79-2801(c), if special assessments remain delinquent for a sufficient period (often aligned with the three-year threshold for taxes), the property may be subject to a judicial tax foreclosure sale initiated by the county or, as your prior question noted, by the city if the county fails to act.
  3. Priority: In Kansas, special assessment liens typically have priority over private liens (like mortgages) and are often on par with property tax liens, though property taxes might take precedence if there's a conflict. This is outlined in statutes like K.S.A. 79-1804, which governs the priority of tax liens.
Key Similarity to Property Taxes
Like property taxes, delinquent special assessments:
  • Are secured by the property.
  • Accrue interest and penalties if unpaid.
  • Can lead to the loss of the property through foreclosure if the delinquency persists.
Potential Differences
  • Creation: Special assessments arise from specific improvements, not general taxation, so their imposition and notice requirements might differ.
  • Collection: While collected with property taxes in many cases, some jurisdictions treat them separately for accounting or enforcement purposes.
Conclusion
In Kansas, under the framework of K.S.A. 79-2801 and related statutes, delinquent special assessments generally do become a lien on the property, much like property taxes, and can be enforced through the same judicial tax foreclosure process. If you're dealing with a specific case or property, I'd recommend checking the local ordinance or consulting the county treasurer's office, as procedural details (e.g., timing, notice) might vary slightly by jurisdiction.
Let me know if you'd like me to dig deeper into a particular aspect!




--
Henry McClure 
Time kills deals
785-383-9994

www.henrymcclure.live