Tesla Stock Hits Elon Musk’s Magic Number: $420

Read The Full Article On: Nytimes

After a two-month surge, the electric-car maker touched the share price offered last year in an abortive bid to take the company private.

Back in August 2018, Elon Musk casually announced on Twitter that he planned to take Tesla private at a price of $420 a share, a 20 percent premium at the time. He added that he had “funding secured.”

Read The Full Article On: Nytimes


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