The 'Tesla top'? What Musk's latest gambit could be saying about the market

The 'Tesla top'? What Musk's latest gambit could be saying about the market

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/09/the-tesla-top-what-musks-latest-gambit-may-say-about-the-market.html

Elon Musk's stunning announcement that he is looking to take his pioneering car company private could have darker implications for the broader market.

Myriad questions surround the Tesla founder's cryptic tweets earlier this week that he has financing in place to remove the company from the public sphere in a deal he's valuing at $420 a share. Not the least of the issues is whether Musk violated securities laws by announcing the deal over Twitter.