BlackTortoise + 103 CM August 27, 2018 Tesla’s stock price dropped as much as 5% in pre-market trading after CEO Elon Musk announced that he is letting go the idea of taking Tesla private. Musk said that based on feedback he has received in recent weeks "it’s apparent that most of Tesla’s existing shareholders believe we are better off as a public company." Quote Share this post Link to post Share on other sites
Stormysaga + 62 AB August 27, 2018 The SEC might not be amused by Musk's stunt. The Board might not either. Quote Share this post Link to post Share on other sites
Sofia + 35 SP August 27, 2018 A very erratic person. Going private was impulsive blabber. But Telsa was always a sentiment stock. Quote Share this post Link to post Share on other sites
Vlad Kovalenko + 115 VK August 27, 2018 Volkswagen reportedly tried to invest Tesla but Musk, also reportedly, didn't like that deal because VW would have too much influence over Tesla. Quote Share this post Link to post Share on other sites
Adam Varga + 123 AV August 27, 2018 I couldn't find anything about that deal with VW. I doubt that. There's too much reportedly in this news. Quote Share this post Link to post Share on other sites