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Musk Tweets Tesla Privatization Plans

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August 2018

Elon Musk stunned investors on Tuesday with a tweet saying that going private is the ‘best path forward’ for Tesla.

He said this will relieve Tesla of the “enormous pressure” of Wall Street’s expectations — and that he has already lined up the funding.

Dodge shares his views on this surprising tweet that stirred the stock.

Tesla shares jumped on the ‘tweet’, ending 11% higher on Tuesday compared to Monday.

Presented by: Melisa Idris, Sharaad Kuttan, Tan Chung Han

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