Public Bravado, Private Doubts: Inside the Unraveling of Elon Musk’s Tesla Buyout - News Summed Up

Public Bravado, Private Doubts: Inside the Unraveling of Elon Musk’s Tesla Buyout


The agenda was Mr. Musk’s audacious plan to take Tesla private, which he had sprung on the investment world 16 days earlier via tweets. The couple held up a handwritten sign congratulating Mr. Musk for producing 7,000 electric cars in seven days. Mr. Musk’s tweets and the blog post didn’t help. Photo: Drew Angerer/Getty ImagesOnce Mr. Musk raised the idea of a transaction, he expanded his advisers beyond his West Coast loyalists. The Tesla board held a meeting by telephone, with Mr. Musk and his brother Kimbal huddled in Los Angeles.


Source: Wall Street Journal August 26, 2018 23:33 UTC



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