BlackTortoise + 89 CM Posted 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." Share this post Link to post Share on other sites
Stormysaga + 60 AB Posted August 27, 2018 The SEC might not be amused by Musk's stunt. The Board might not either. Share this post Link to post Share on other sites
Sofia + 34 SP Posted August 27, 2018 A very erratic person. Going private was impulsive blabber. But Telsa was always a sentiment stock. Share this post Link to post Share on other sites
Vlad Kovalenko + 96 VK Posted 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. Share this post Link to post Share on other sites
Adam Varga + 81 AV Posted August 27, 2018 I couldn't find anything about that deal with VW. I doubt that. There's too much reportedly in this news. Share this post Link to post Share on other sites