There is news circulating that Tesla is going private and I do not blame Elon Musk for taking a stand it seems every business in America is out for his head, why because he is independent and is beating the competition faster and with more vigor than anyone in history. By taking the company private he does not have to answer to anyone but his main investor who I am sure will give Elon the rule of the roost and other countries are recognizing just how valuable Elon Musk is to the future of the planet it is just nobody in America is noticing or they are too busy bringing him down so they do not have to compete with a company that is way ahead of the league when it comes to innovation.
The sooner Elon is away from the share holders I feel the better so he can get on with saving the planet and doing what he does best which is building a future where everyone does not have to worry about peak oil and saving the planet a future abundant for everybody.
Tesla founder Elon Musk says he has lined up advisers to help take the electric car maker private, in the latest effort to signal that his desire for a deal is serious. Following a message last week that he was considering taking the group private at $420 a share and declaring “funding secured”, Mr Musk has faced questions over the possible sources of backing for the buyout, as well as the spectre of lawsuits from disgruntled shareholders. “I’m excited to work with Silver Lake and Goldman Sachs as financial advisers, plus Wachtell, Lipton, Rosen & Katz and Munger, Tolles & Olson as legal advisers, on the proposal to take Tesla private,” he wrote on Twitter. Naming his advisers appears to be the latest step to convince investors — and the Securities and Exchange Commission — that the enterprise is serious, adding professional heft to the process.
Read more here: https://www.ft.com/content/26caa7e2-9f91-11e8-85da-eeb7a9ce36e4