Deals
Musk Blog Ends One Tesla Drama, Rekindles All the Others
- Maverick CEO scraps go-private idea in late-night blog post
- Decision is stunning turnaround since Aug. 7 bombshell tweet
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It started with a bombshell tweet during market hours, and ended with a stunning blog post late Friday night.
Elon Musk’s decision to scrap his plan to take Tesla Inc. private, while ending speculation about how the billionaire would raise the billions needed, still leaves many questions about where he and the electric-car maker go from here.