Am considering taking Tesla private at $420. Funding secured.
— Elon Musk (@elonmusk) August 7, 2018
I don’t have a controlling vote now & wouldn’t expect any shareholder to have one if we go private. I won’t be selling in either scenario.
— Elon Musk (@elonmusk) August 7, 2018
My hope is *all* current investors remain with Tesla even if we’re private. Would create special purpose fund enabling anyone to stay with Tesla. Already do this with Fidelity’s SpaceX investment.
— Elon Musk (@elonmusk) August 7, 2018
No change
— Elon Musk (@elonmusk) August 7, 2018
NASDAQ has halted Tesla trading.
edt: https://www.tesla.com/blog/taking-tesla-private
https://www.foxbusiness.com/business-leaders/sec-files-lawsuit-against-tesla-chief-elon-musk