Ann: Annual Report to shareholders with Appendix 4E, page-4

while dividends are great I’d rather see the stock grow year upon year compounding capital growth. Dividends would reduce this opportunity. Tesla stock doesn’t pay a dividend.. would you rather the growth experienced there or a piddly pay out each year. Also how much stock do you need to own to get decent returns on your dividends? While others might not share my view and that’s ok.. no dividends for me on this stock.. I’ll take the growth..