Musk says it is ‘impossible’ to take Tesla private, mulls new IPO


T"Tesla public company duties are a much bigger factor, but going private is impossible now (sigh), ” Musk said in response to a tweet saying he should optimize his time in areas such as innovation. "Engineering, design & general company operations absorb vast majority of my mind & are the fundamental limitation on doing more.”

NEW YORK: Billionaire Elon Musk said it’s "impossible” to take Tesla Inc. private now even though he would have liked to spend more time on innovation.

"Tesla public company duties are a much bigger factor, but going private is impossible now (sigh), ” Musk said in response to a tweet saying he should optimize his time in areas such as innovation.

"Engineering, design & general company operations absorb vast majority of my mind & are the fundamental limitation on doing more.”

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Tesla , Elon Musk , private , IPO , space ,

   

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