• Elon Musk Strongly Considering Taking Tesla Private

    2 monthes ago - By Hypebeast

    Elon Musk took to Twitter recently to contemplate taking his electric car company Tesla private, already securing funding from an unidentified buyer(s). Musk teased that the funding value of the company was $420 USD a share, worth $342 USD before that tweet, and jumping to a high of $371 USD afterward.
    It's being reported that Saudi Arabia has quietly been building a big stake in Tesla as the company's losses have stacked over the past year from not producing the amount of Model 3 's it promised investors. Musk followed up with tweets stating he hoped all current investors would stay with...
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