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Will Tesla go private prior to 2020?
On August 7th 2018, Elon Musk sent out a series of Tweets stating that he was contemplating taking Tesla private. Musk tweeted, 'Am considering taking Tesla private at $420. Funding secured.' He later tweeted, '… Will be way smoother & less disruptive as a private company. Ends negative propaganda from shorts.' Tesla has been battling significant short selling for months and Musk has been known to feud with short sellers on Twitter.
Musk's Twitter announcement has been widely debated already, with many people expressing skepticism about whether Musk is really intending to take Tesla private. Nevertheless, Tesla's stock surged 10.99% after the Tweets. (Musk's Tweets have been known to move the stock price, but this must be a new record!)
It is asked:Will Tesla be a private company at some point prior to 2020?
The question resolved positive if, on some day prior to January 1st 2020, Tesla is no longer listed on any public stock exchange. Resolution is by credible media report. Should the resolution triggering report be released while the question is still open, the question shall close retroactively one week prior to the time of the release of the report.
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