Musk Says No Final Decision On Taking Tesla Private

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– Tesla Inc Chief Executive Officer Elon Musk said on Tuesday in a letter to employees that he is considering taking the electric car maker private at a price of $420 per share.

Musk said a final decision has not yet been made, but the reason is to create an environment for Tesla to operate best.

“As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders,” Musk wrote in the letter here




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