Pages with tag Elon Musk
Elon Musk overworked, ill-considered tweets about going private making Tesla Board look for a #2:
A few days ago Elon Musk idly tweeted that he's considering taking Tesla private at $420 per share, and that funding is lined up. At least this wasn't posted on April 20. After initial excitement some realists started studying this, asked where the funding was, the SEC started mulling a stock manipulation investigation, and so on. And now the NY Times has an article following an hour-long interview with Musk, describing him as overworked, and the Board is worried and is looking for someone to take over some of Musk's responsibilities.