Some of Tesla’s board members were reportedly ‘totally blindsided’ by Elon Musk’s tweet about going private (TSLA)
|08/14/2018||Posted by BusinessMediaguide.Com under General World News||
- Elon Musk’s decision to tweet that he was considering taking Tesla private reportedly caught the company’s own board of directors off-guard, The New York Times reported Monday night.
- That August 7 tweet caused Tesla’s stock to skyrocket to $380 per share that day.
- In the days that followed, the SEC got involved, reportedly investigating Musk’s online musings about taking the company private.
- The fallout from that tweet follows an extended run of public missteps by the Tesla CEO.