Elon Musk CAN’T possibly be serious – can he?
Sanebull on 
If anyone could use less attention… it would be Elon Musk and Tesla. And yes – he is dead serious about taking Tesla private as many of you have probably heard. Every other day we hear about the company spending too much cash and failing to meet production targets. With such news, shares rise and plummet drastically, often on the same day. Tesla is also one of the most heavily shorted companies there is (i.e., everyone wants them to fail).
It is up to the investors… who need to vote on this matter for it to come true. There are also funding considerations – it would cost about $71 billion to go private. However, Musk is claiming to have financing secured for the deal (but no one knows who will be doing the financing).
You will still be able to invest… if the company does go private. Tesla would set up a special purpose fund to keep you invested. There is just one caveat – you can only buy and sell shares once every six months. With share prices that have swung from $244 in April to $390 in September, who knows what your investment will be worth over the course of six months. Stay tuned because this is one story that we will be watching very closely…
