Elon Musk thinks he could take Tesla private at $420 a share. But one Tesla investor thinks that's a bad idea -- because the stock could be worth nearly ten times that amount in the most optimistic of scenarios. Going private now would be a mistakeStill, Wood argues that Musk should resist the urge to go private, even if he could pull a deal off. "Taking Tesla private today at $420 per share would undervalue it greatly, depriving many investors of the opportunity to participate in its success," she wrote. Wood also said if Tesla went private, it may have fewer investors, which actually could make life tougher for Musk.
Source: CNN August 23, 2018 20:26 UTC