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 Tesla's 'private' mess: Elongated Musketeer's credibility goes from bad to worse

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Tesla's 'private' mess: Elongated Musketeer's credibility goes from bad to worse Vide
PostSubject: Tesla's 'private' mess: Elongated Musketeer's credibility goes from bad to worse   Tesla's 'private' mess: Elongated Musketeer's credibility goes from bad to worse Icon_minitimeSat Aug 25, 2018 11:45 pm
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 stakeholders who have endured multiple broken promises and years of losses as a public company.

Tesla's 'private' mess: Elongated Musketeer's credibility goes from bad to worse Tesla_emblem_-_ap_photog_richard_vogel

"Prior to the go-private episode, his credibility was in question, although investors still had overall confidence in the guy," Erik Gordon, a business and law professor at the University of Michigan, said Saturday. "This whole go-private episode has taken his credibility close to zero."

https://www.10tv.com/article/private-mess-musks-credibility-goes-bad-worse

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