https://phys.org/news/2018-08-tesla-fall-go-private.html

Musk said at the time he planned to take Tesla private at $420 a share. But shares have fallen more than 20 percent since August 7. On Monday, investment bank JPMorgan Chase lowered its target on Tesla shares from $308 to $195.

Since that time, the controversial Musk has come under extensive scrutiny over his Twitter statements related to the proposal, especially a claim that Tesla had "secured" funding for the go-private transaction.