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Blog Tesla Board Members Release Statement on Proposal to Take Company Private

Discussion in 'Tesla, Inc.' started by TMC Staff, Aug 8, 2018.

  1. TMC Staff

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    Tesla’s board of directors has met “several times” to discuss Chief Executive Elon Musk’s proposal to take the company private, according to a statement. Musk tweeted Tuesday that he was “considering taking Tesla private” and that he had the funding in line to do so. He then followed up with a letter to employees saying...
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  2. JonathanD

    JonathanD Member

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    Welp, this is what boards are for, will be interesting to hear their take on it.

    While the concept of not having to worry about all the gymnastics involved in being a public company, going private also means capital raising options are more limited and the master plan calls for some pretty massive capital investments. Either Elon thinks he can get those privately or he thinks they'll be profitable enough to self-fund (seems like that would be a challenge).
     
  3. Latorre

    Latorre Member

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    We should see what other Tech Compnies have done in the past when faced with this scenario. Dell took it Private and passionately built it back up to a Power House....again
     
  4. Garlan Garner

    Garlan Garner Well-Known Member

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    I absolutely love the option of making Tesla private.

    Shorters will have to fade off into the sunset.
     
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