5 good reasons why Tesla is leaving the stock market
A year ago, Elon Musk tweeted his now notorious "secured financing" message, announcing an unsuccessful bid to take Tesla private at a price inside of a $ 420 a share joke.
What followed were criminals from critics, confused fan enthusiasm, and a US Securities and Exchange Commission investigation that cost Musk his chairmanship of the Tesla board and installed a protocol that would allow him to pre-approve tweets that could affect investors . .
In retrospect, the entire episode was fueled by madness and could have been interpreted as a blast of music, after years of interacting with Wall Street sellers and a media that was just as booster-ish and hostile.
Something lost in the chaos was a still important question: "Would Tesla feel better as a private company?"
The answer is indeed yes. Here are five reasons: