Elon Musk: I’m incredibly excited to continue leading Tesla as a public company – Finally, here is the verdict. After numerous tweets, Elon Reeve Musk FRS, business magnate, investor and engineer has announced that American multinational corporation based in Palo Alto, California, that specializes in electric vehicles, lithium-ion battery energy storage and solar panel manufacturing and founded in 2003 – Tesla Inc. will remain a public company as it is since 2010.
Even on www.tesla.com blog, Elon Musk became an author/ blogger/ writer for minutes and wrote 526 words 3071 characters article on the topic “Staying Public” which is a news-cum-story. In content, he mentioned that personal advice of Silver Lake, Goldman Sachs and Morgan Stanley was most important in finalising the decision and also rewarded them with compliments eg. they hold world-class expertise in trading, investing, financial decision-assisting etc.
Also, just after wall street analysts tore down a Tesla Model 3 and found ‘Significant fir and finish issues,’ Tesla shows a proactive approach to passengers’ safety after model 3 accident yesterday. Besides, 120 hours work week rule of Elon Musk seems succeeding now. As, according to Teslarati.com, Tesla Model 3 Production appears to have surpassed the 6000/ week mark.
All the employees who once had a thought to leave TESLA INC following Elon Musk’s late night tweets and changes in company’s targets which was hindering the employees’ commission seem to be satisfied with a great statement by Elon Musk today i.e. –
I knew the process of going private would be challenging, but it’s clear that it would be even more time-consuming and distracting than initially anticipated. This is a problem because we absolutely must stay focused on ramping Model 3 and becoming profitable. We will not achieve our mission of advancing sustainable energy unless we are also financially sustainable.
No doubt, last line of “Staying Public” article – “I’m incredibly excited to continue leading Tesla as a public company” has confirmed that Tesla will no more be taken private. Board of Director’s meeting with 28 June 1971 (age 47 years) born Elon Musk about keeping Tesla Public was successful yesterday and Mr Musk told that Board also nodded for the same. For other updates and the latest news related to Elon Musk such as “Elon Musk: I’m incredibly excited to continue leading Tesla as a public company,” visit ALLINDIAROUNDUP on the continuous basis.