Aug 27, 2018

Tesla CEO Musk drops pursuit of $72 billion take-private deal

Tesla CEO Musk drops pursuit of $72 billion take-private dealThe decision to leave Tesla as a publicly listed company raises new questions about its future. Tesla shares have been trading well below their Aug. 7 levels, when Musk announced on Twitter that he was considering taking Tesla private for $420 per share, as investors wondered what this meant for Musk's ability to steer the company to profitability.




from Yahoo News - Latest News & Headlines https://ift.tt/2waWV7i

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