Wall Street pros question whether Musk has 'funding secured' and 'investor support' but say they must take CEO seriously

Wall Street pros question whether Musk has 'funding secured' and 'investor support' but say they must take CEO seriously

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/08/wall-street-doubts-musk-has-funding-secured-and-investor-support.html

Wall Street analysts have some serious doubts about Elon Musk's going-private proposal for Tesla, which was revealed in a shocking tweet out of left field by the electric carmaker's CEO on Tuesday.

There are three statements by Musk specifically that the analysts have an issue with, but nonetheless they maintain that he is the company's chief executive officer and so they must take him seriously and begin to incorporate the possibility of going private into their models.