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Elon Musk May Make Tesla A Private Company
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8 Aug 2018 06:28 AM EST

Tesla CEO Elon Musk is considering making the company private with a price of $420 per share. According to Reuters , Musk sent a letter to his employees explaining the possibility. The reason for why he would do so is to create the best environment for Testa to operate in. "As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders.” Yet Musk said that he has not yet made a decision on the matter.

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