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COMMENT: Musk’s fractious relationship with capital market prompts privatisation plans

Tesla's Chief Executive is working to a long-term vision but feels hampered by the narrow horizons of shareholders. By Oliver Dixon

Wherever you sit on the subject of Tesla, and it is a universe of opinion that is close to infinite, it is hard to question Chief Executive Elon Musk’s capacity for self-promotion. He is no mean showman. But even by his already high standards, the suggestion – issued not by regulatory filing but by Twitter – that Musk intends to take Tesla private at a valuation of US$420 per share – implying a value of in excess of US$70bn – raises the bar.

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https://www.automotiveworld.com/articles/oem-articles/comment-musks-fractious-relationship-with-capital-markets-prompts-privatisation-plans/

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