Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace

Holiday hiring hustle and bustle

Nov 15, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy

Why Elon Musk wants to take Tesla private

Jed Kim Aug 8, 2018
Share Now on:
HTML EMBED:
COPY
PETER PARKS/AFP/Getty Images

Elon Musk set the internet and stocks a flurry on Tuesday after tweeting he was thinking of taking Tesla private. It’s far from a done deal, but if it does move forward, Tesla would be the largest company ever to go from public to private.

In an email to employees that was also posted on Tesla’s website, Musk said the move would “[create] the environment for Tesla to operate best.” No more quarterly earnings reports, no more short sellers, and less focus on immediate profits.

“In his mind, he would have full control, and he could think long term,” said Kelly Blue Book’s Karl Brauer.

Musk holds a 20 percent stake in the company, so he’d still have a lot of private investors to answer to. But it would be, you know, private. 

Click on the audio player above to hear more. 

Fall of the Berlin Wall
Fall of the Berlin Wall
The financial lessons of Germany's reunification 30 years ago.  
Check Your Balance ™️
Check Your Balance ™️
Personal finance from Marketplace. Where the economy, your personal life and money meet.
How We Survive
How We Survive
Climate change is here. Experts say we need to adapt. This series explores the role of technology in helping humanity weather the changes ahead.