Why Tesla Should Back Away From The Stock Market
- 5 years ago
Over a year ago, Elon Musk made a now-infamous attempt-by-tweet to take Tesla private.
The scheme was a spectacular failure. It also cost Musk his chairmanship of the Tesla board.
But according to Business Insider, there are still good reasons why Tesla shouldn't be a public company.
Even as early as 2010, Tesla was a big player — but in a very small pond.
It would be much easier for the company to nurture the EV market if it could operate away from quarterly financial scrutiny.
The scheme was a spectacular failure. It also cost Musk his chairmanship of the Tesla board.
But according to Business Insider, there are still good reasons why Tesla shouldn't be a public company.
Even as early as 2010, Tesla was a big player — but in a very small pond.
It would be much easier for the company to nurture the EV market if it could operate away from quarterly financial scrutiny.