Wall Street says Tesla’s ‘credibility has taken a hit’ after Musk's go-private plan collapses

Wall Street says Tesla’s ‘credibility has taken a hit’ after Musk's go-private plan collapses

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/27/wall-street-says-teslas-credibility-has-taken-a-hit-after-musks-go-private-plan-collapses.html

Wall Street analysts believe Tesla's credibility will suffer from CEO Elon Musk giving up on his plan to take the carmaker private.

Late Friday, Musk said in a blog post the company will remain publicly traded, citing resistance from existing shareholders to his plan to take it private.