Blogpost: Tesla and Musk

blogpost: Shortly afterwards, Tesla published a blogpost written by Musk entitled Taking Tesla private' that had been sent to all employees, according to The Guardian. Elon Musk elonmusk Am considering taking Tesla private at 420. The ride started with Tesla's stock rising more than 7% after Musk tweeted he was considering taking Tesla private and had funding in place to do so at a price of 420 325 per share. Funding secured. At 420 a share, Tesla would have an enterprise value of about 82bn including debt, well above its stock market value, which reached 63.8bn on Tuesday. August 7, 2018 The tweet appeared to be triggered by a report in the Financial Times that Saudi Arabia has built up a stake in Tesla worth up to 2.9bn. (news.financializer.com). As reported in the news.

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