Musk Says It’s ‘Impossible’ to Take Tesla Private, Mulls New IPO
- Tweet comes after Tesla’s inclusion in S&P 500 this week
- Starlink’s IPO ‘make sense’ once revenue becomes predictable
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Billionaire Elon Musk said it’s “impossible” to take Tesla Inc. private now even though he would have liked to spend more time on innovation.
“Tesla public company duties are a much bigger factor, but going private is impossible now (sigh),” Musk said in response to a tweet saying he should optimize his time in areas such as innovation. “Engineering, design & general company operations absorb vast majority of my mind & are the fundamental limitation on doing more.”