Elon Musk says going private is 'best path forward' for Tesla | Tesla | Elon Musk | Tesla motor
Elon Musk says going private is 'best path forward' for Tesla | Tesla | Elon Musk | Tesla motor Elon Musk's latest big idea is daring even by his standards: He wants to turn Tesla into a private company. He stunned investors on Tuesday with a tweet saying he had already lined up the funding, and he told employees that it would relieve the electric car company of the "enormous pressure" of Wall Street's expectations. in a letter to Tesla workers that was posted on the company's blog, Musk called his idea the "best path forward." "As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders," he wrote. He also said trading its stock publicly "means that there are large numbers of people who have the incentive to attack the company." Musk has complained repeatedly about short-sellers, who profit when T