Stories
Slash Boxes
Comments

SoylentNews is people

posted by takyon on Sunday August 26 2018, @03:01PM   Printer-friendly
from the full-thrust-reverse-engine-spin dept.

Submitted via IRC for SoyCow1984

CEO Elon Musk: Tesla will remain a public company

In a blog post published Friday evening, Tesla CEO Elon Musk said that he would change course from his sudden announcement three weeks ago and would actually keep Tesla as a publicly-traded company.

"It's apparent that most of Tesla's existing shareholders believe we are better off as a public company," he wrote. "Additionally, a number of institutional shareholders have explained that they have internal compliance issues that limit how much they can invest in a private company. There is also no proven path for most retail investors to own shares if we were private."

Musk noted that he had met with the Tesla board of directors on Thursday and "let them know that I believe the better path is for Tesla to remain public. The board indicated that they agree."

See also: Analysis: Why Elon Musk abandoned his plan to take Tesla private


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 3, Funny) by JoeMerchant on Sunday August 26 2018, @07:18PM (1 child)

    by JoeMerchant (3937) on Sunday August 26 2018, @07:18PM (#726649)

    Better still, have the general public who uses your site pass their search queries as regex - that'll stratify your user base real quick.

    --
    🌻🌻 [google.com]
    Starting Score:    1  point
    Moderation   +1  
       Funny=1, Total=1
    Extra 'Funny' Modifier   0  
    Karma-Bonus Modifier   +1  

    Total Score:   3  
  • (Score: 3, Interesting) by MichaelDavidCrawford on Monday August 27 2018, @09:37AM

    by MichaelDavidCrawford (2339) Subscriber Badge <mdcrawford@gmail.com> on Monday August 27 2018, @09:37AM (#726829) Homepage Journal

    $ bzgrep "GET /computer/ " access.log_*.bz2 | grep Jul/2018 | wc
    1095

    It really started to take off when I posted Soggy Jobs in the Caltech Alumni Facebook Group. I'll join the UCSC Facebook Group Real Soon Now.

    Just today I started my Cafe section [soggy.jobs]. I also have a Corporate page [soggy.jobs] for the Cafe section.

    Word on the street is that Starbucks hires more coders than Amazon.

    I'll start my Fast Food section next week. That I've chosen Fast Food and Cafes as my first industries after our biz is due to my observations of Facebook's and Reddit's employment groups. The people who most-desperately need work are having the very hardest time actually obtaining them - entry-level and minimum wage workers.

    --
    Yes I Have No Bananas. [gofundme.com]