Tesla To Remain Public – At Least for Now

By Rick Roman - 28 Aug 2018 1370 0 comment

Tesla now says it will remain a publicly traded company. A couple of weeks ago, creative genius Elon Musk stuck his foot in his mouth, or rather, stuck his foot on his twitter keypad when he announced that Tesla was considering going private. At that point the company was forced to at least look like they were considering it in order to protect their leader. So it is no surprise that this weekend it announced it will remain public, at least for now. But Elon is not out of the woods yet as the SEC is still investigating.

We are happy with the reversal because Tesla is a customer favorite and once a company goes private, you can no longer get shares. Just a reminder for those who want one share of this ground-breaking company with an iconic but slightly unstable leader, you can buy Tesla here.

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Rick Roman

Rick has a B.S. in Finance from Arizona State University, 50 years of stock market experience, a long career in high-tech corporate finance, co-founder of GiveAshare.com, and author of the award-winning book, I'm A Shareholder available on Amazon and GiveAshare.com. Rick has been quoted as a stock gift and kids financial literacy expert in many publications including CNN Money, USA Today, CBS MarketWatch and has participated in financial literacy organizations like the Council for Economic Education and the JumpStart Coalition.