'Private' mess: Musk's credibility goes from bad to worse
August 26, 2018
DETROIT (AP) — First it was the shocking tweet that funding was secured and Tesla may go private, then a statement that the money wasn't locked down after all. Two weeks later it's never mind, the whole deal is off.
Welcome to the disarray of Elon Musk, the impulsive genius and architect of cutting-edge car, rocket and solar panel companies built nearly from scratch.
Chaos, though, comes with a price. Experts say it all could wind up with Tesla exposed to a fine for misleading investors. And even though Musk has almost legendary status, the episode could further erode his credibility with stak...
For access to this article please
sign in or
subscribe.
Reader Comments(0)