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Musk's U-turn on Tesla deal could intensify his legal, regulatory woes

Explaining his reversal in a late-night blog post on Friday, the billionaire CEO said that taking the company private “would be even more time-consuming and distracting than initially anticipated,” and that “most of Tesla’s existing shareholders believe we are better off as a public company.”

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2wjdQV7
Musk's U-turn on Tesla deal could intensify his legal, regulatory woes Musk's U-turn on Tesla deal could intensify his legal, regulatory woes Reviewed by Space encyclopaedia on August 27, 2018 Rating: 5

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