Tesla Will Remain a Publicly Traded Company
On Friday, CEO Elon Musk said Tesla will remain a publicly traded company. Although most of the company's shareholders would have remained with Tesla if they went private, the sentiment among all of them was "please don't do this." In a statement, Musk wrote: "It's apparent that most of Tesla's existing shareholders believe we are...
Tesla Stock Price Soars After Elon Musk Tweets About Going Private
On Tuesday, Elon Musk stunned investors when he published a tweet that said he would push to make Tesla a private company in a deal that would be worth billions of dollars. Am considering taking Tesla private at $420. Funding secured.— Elon Musk (@elonmusk) August 7, 2018 The announcement sent the company's stock soaring on...