A Private Tesla?
Musk Announces Going Private May be "Best Path Forward"
Musk Tweeted the announcement yesterday
Musk also stated that going private would avoid "the enormous pressure" of Wall Street speculation
Tesla's stock increased
is the target share price to take the company private, according to Musk
This would value the company at
It's already the most valuable automaker in the US
Musk owns roughly 20% of Tesla
Insiders own about 5% of Tesla
Individual investors hold about 12%
& institutions hold the remaining ~63%
A Breakdown of Tesla Ownership