Elon Musk on taking Tesla private: ‘That ship has sailed’

Apr 25 2019 by TechCrunch

 

Elon Musk would prefer if Tesla, which is known for its volatile share price and is among the most heavily shorted stock, were a private company, but acknowledged during an earnings call Wednesday that it wasn’t likely.

Musk can dream, can’t he?

“Unfortunately that ship had sailed,” Musk said flatly, in response to a question from Morgan Stanley analyst Adam Jonas.

Musk said Tesla as a public company was a distraction at times and then added, “I’m not sure what to do about...

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