For Tesla, 'Going Dark' Might Not Be as Easy as Just Turning off the Lights
Elon Musk still hasn't made a formal proposal to take Tesla private, an idea he floated last week in a series of tweets he has since attempted to clarify.
Many questions remain about his plan, chief among them how he would pull off taking private a $60 billion publicly traded company.
The deal could turn out to be as unique as the collection of space transportation, electric automobile, high-speed transportation and solar power generation projects Musk has cobbled together in his business empire.
"There is a recipe for going private, but like everything else, Elon Musk does it his own way," said Barry Genkin, a partner at law firm Blank Rome. "He hasn't put any meat on the bones and everyone is scratching their heads about what he means."
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"For Tesla, 'Going Dark' Might Not Be as Easy as Just Turning off the Lights," by Liz Moyer was published in CNBC on August 17, 2018.