Elon Musk is 100% Right. 3 Reasons Tesla Must Go Private…Or it’s Doomed

2019-4-26 17:43

Wednesday’s earnings report was a bust for Tesla. The company reported a huge loss of $702 million and missed revenue expectations. In the conference call that followed, forlorn Tesla boss Elon Musk mused about taking Tesla private again: “I would prefer we were private, but unfortunately I think the ship, that ship, has sailed.

” Elon Musk desperately wants to pull Tesla off the stock market and return it to private investors. And he’s right. Going private is exactly what Tesla needs right now to avoid a death spiral.   “Taking Tesla private… funding secured” Musk first hinted about his ambition to

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Elon Musk’s Tesla Tweet Could Be Securities Fraud: Ex SEC Chair

Harvey Pitt, former SEC chairman, discusses the circumstances under which Elon Musk’s tweet about potentially taking Tesla private would qualify as market manipulation and securities fraud.   Q2 hedge fund letters, conference, scoops etc Image source: YouTube Video Screenshot Would Musk’s Tweet About Taking Tesla Private Qualify As Manipulation? Transcript Right off the top. Do […]

2018-8-8 08:36