So Elon Musk tweeted a series of erratic comments stating that he is considering taking Tesla private at $420 per share, which represents a 23% premium on Monday's closing price of ~$340. As a result the stock shot up, reports were the tweets might be fake, volatility is ridiculous, and now trading in the stock is halted. I am not a TSLA believer. With that said, this is all very interesting. Questions are as follows:
1.) Who could possibly take TSLA private?
2.) Why would they take TSLA private?
3.) TSLA is bleeding cash, where is the exit?
4.) Are the tweets real or was Musk just baked and tweeting stuff out, the $420 number is dubious (if you know you know)?