There's an X-factor in Tesla's go-private deal that no one is considering while they try to figure out what Elon Musk is thinking (TSLA)
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- The financial world is fixated on Tesla CEO Elon Musk's go-private deal for the company.
- But Tesla remains a public company — and all the business issues it was dealing with before the go-private plan was announced continue to be in play.
- Tesla is still aiming to post a profit in the second half of 2018.
Last week, Tesla CEO Elon Musk fired off the tweet heard 'round the financial world, revealing that he was considering taking Tesla private.
Since then, assorted frenzied analysts have attempted to discern what Musk meant and when he meant it. But the outlines of deal have taken shape, Musk has hired his own advisors and lawyers, and the Tesla board has formed an independent committee of three directors to assess Musk's proposal.See the rest of the story at Business Insider
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See Also:
- If the Saudis do help Elon Musk take Tesla private, the company could actually take over the world
- Elon Musk reveals new details about taking Tesla private, says he thought tweeting announcement was 'the right and fair thing to do'
- Elon Musk's tweet about taking Tesla private might be ethically questionable, but it isn't morally wrong
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