Elon Musk’s Tesla stock boost may lower financial pressures for the carmaker

Elon Musk’s Tesla stock boost may lower financial pressures for the carmaker

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/08/elon-musks-tesla-stock-boost-may-lower-financial-pressures-for-the-ca.html

Tesla's big stock rally after a tweet from CEO Elon Musk that said he is considering taking the company private put an important convertible bond above its conversion price, potentially easing financial pressure on the carmaker.

On Tuesday, Tesla shares surged 11 percent after a tweet from Musk's verified Twitter account that mentioned taking the company private at a $420 per share price.