Why does Tesla want to go Private?


Elon Musk of Tesla has been making comments and tweets about going private for a while now. Privatization occurs when one of two things happens, either someone from outside of a company decides to buy up all the public stocks or when the company’s management chooses to buy out the public shareholders.

The company can go public and therefore raise large amounts of money for the shareholders and CEO, while private companies are subject to less regulatory control and compliance.

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