This year has been underperforming. No matter what happens in 2021, it is certain that the market will go smoothly.
Tesla’s chief executive (CEO) Elon Musk said on Twitter that privatizing electric car companies “is impossible now.”
Musk’s comment was in response to a tweet on Christmas Eve about the best allocation of time and resources. The CEO also said in that tweet: “Engineering, design, and the overall operation of the company absorbed most of my energy. , This is the fundamental limit to doing more.”
Long-term Tesla followers will remember the crazy speculation that Musk started in August 2018, when he said that he was considering taking Tesla private when Tesla’s stock price reached $420. The comment put him in trouble with the US Securities and Exchange Commission, and his settlement with the agency meant that he had to resign as chairman.
With the sharp rise in stocks this year, Tesla bulls may have forgotten Musk’s mistakes. His remarks helped to increase stock prices on Monday. In the most recent transaction, Tesla’s stock price rose 2.3% to $677.13, and has risen by more than 700% so far this year.Stocks joined
In other words, despite many restrictions, Musk fans who hope to have the opportunity to make more investments with entrepreneurs can still get opportunities.
Musk also said on Twitter that his satellite Internet company Starlink may go public in the future when its growth is more predictable, as he said before.
In addition, Musk said in a tweet on Monday that he is meeting with the executive chairman of Larry Ellison
(ORCL) is “seeking some advice” in Hawaii and will return to work at Tesla on Tuesday.
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