Being A Real-Life Tony Stark Is Hard Work. How Does Elon Musk Cope?
Elon Musk tells the New York Times he is under incredible stress and is taking drugs to help him get to sleep. Can that be a good thing for Musk and for Tesla?
Elon Musk tells the New York Times he is under incredible stress and is taking drugs to help him get to sleep. Can that be a good thing for Musk and for Tesla?
Major media outlets have let me down in the past. Their coverage of global warming in minuscule, horrid, and an outright disservice to the human species. Their coverage of the last US presidential race was absurd and completely derelict in its level of counterproductive noise. But I think their coverage of Tesla this year, and especially since CEO & Chairman Elon Musk tweeted about a desire to take Tesla private, has disappointed me more than any other media coverage in my lifetime.
Since Tesla CEO & Chairman Elon Musk tweeted out a note that he was “considering” taking Tesla private, my mind has been racing through the pros and cons of such a change. Add me to the thousands or millions of others in this same boat. While we’ve hosted many an interesting discussion about the pros and cons, however, we haven’t actually published an attempt at a comprehensive summary of these pros and cons.
First of all, go back one month. How many of you were wondering if Elon Musk would try to take Tesla private using cash money from Saudi Arabia? That’s right, if not for the news last week that Saudi Arabia’s sovereign wealth fund (PIF) was buying up Tesla [TSLA] shares on the stock market as if they were four-leaf clovers, the concept would have exploded the sensible brain cells in your skull. With that in mind, while reading the article that follows and as you consider these topics in the coming days and weeks, I encourage you to hold onto some humility and strive for an open perspective on where Tesla is today and where it’s going. Perhaps — just perhaps — there are more surprises around the corner.
Today’s blog post from Tesla CEO & Chairman Elon Musk confirmed my WAG about the cost of going private. It is somewhere between $0 and $24 billion. For both amounts, Elon can get the funding secured. But for the amount of $???, it is a bit harder. Investors want to know how much they are going to invest, and how much influence they are going to get for that amount.
The top 20 CleanTechnica articles of the past week were an interesting mix — probably not what you’d expect. Have a look and read everything you missed.
The cleantech/tech/stock/business news of the week this past week was more obvious than an elephant sitting on a golf cart — Elon Musk may take Tesla private.
It has stunned the world, and the response from the financial press has been embarrassing — to put it nicely.
One matter very frequently ignored is what an exclusive share in private Tesla should be worth. This is different from what a share in public TSLA is worth right now or should be worth right now.
Tesla shorts may be in for a treat, as Elon Musk has just set the stage for an unprecedented “burn of the century”. Tesla’s CEO set Twitter and financial media on fire last Tuesday as he revealed his plan to make Tesla private, withdrawing it from the stock market at a guaranteed $420 per share. What if Elon was telling the truth?
You don’t get much props for predicting something after it happened. This is sort of lame: “I knew that would happen. I didn’t say it, but I knew it.” So, I’m going out on a short limb and am making a prediction here in the open while the market remains irrational.
Is Tesla’s transition to private stock status a trend for cleantech?