I first wrote about the Tesla enigma back in September 2018, during what we now know to be far more innocent times regarding speculation about the company and its valuation. This was shortly after Elon Musk tweeted that he wanted to take his company private for $420 a share and that he had “funding secured.” As it turned out, of course, Elon was just being Elon. He didn’t have the funding secured for the buyout, apparently had no intention of taking Tesla private, and may have violated securities laws in the process of suggesting to the market, as Tesla’s largest shareholder, that he was going to do something he had no intention of doing.
Try Puck for free
Sign up today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.
Already a member? Log In
- Daily articles and breaking news
- Personal emails directly from our authors
- Gift subscriber-only stories to friends & family
- Unlimited access to archives
- Exclusive bonus days of select newsletters
- Exclusive access to Puck merch
- Early bird access to new editorial and product features
- Invitations to private conference calls with Puck authors
Exclusive to Inner Circle only
Latest Articles from Wall Street
The Saks Financial Colonoscopy
The Ellison Way of Parenting
A History of Creditor-on-Creditor Violence
The Zaz–Ellison Dagger Contest
What Is Zaz TV Really Worth?
Make Berkshire Hathaway Great Again?
Zaz Is From Mars, the Ellisons Are From Venus
Get access to this story
Enter your email for a free preview of Puck’s full offering, including exclusive articles, private emails from authors, and more.
Latest Articles from Wall Street
“Larry Didn’t Show Up, and David Got Ahead of His Skis”
Ellison Irrevocable Trust Issues
The Ellisons at the Gates
Netflix’s $83B Math & The Ellison Hostile Meter
The Epstein Monologues
Wall Street Enters the “Cockroach” Wars
Zaz the World Turns
You have 1 free article Left
To read this full story and more, start your 14 day free trial today →
Already a member? Log In
Get access to this story
Enter your email to get access to one article and free previews of our private emails from Puck authors and editors.
Already a Member? Sign in
Latest Articles from Wall Street
The Spirit of ’29
Street Credit
Ellisonology 101
What Does Bloomberg Want for Bloomberg L.P.?
The Mag Seven Itch
The Brian Roberts–WBD Bull Case