Elon Musk’s Plan to Take Tesla Private ‘Doesn’t Make Sense,’ Janus CEO Says

Fortune -

Fortune—It was poorly communicated and calls for a high valuation, he said.

Elon Musk says he wants to take Tesla private — here are 5 reasons that makes sense (TSLA). Tesla CEO Elon Musk announced on Tuesday that he's considering taking Tesla private. The financial world is unsure how he would do this, given that the deal will be enormous. But from where Musk and Tesla now sit, going private makes sense. Tesla CEO Elon Musk blew Wall Street's mind on Tuesday when, just after the Financial Times reported that the Saudi sovereign wealth fund had invested $2 billion in the company, he tweeted that he was considering taking the 15-year-old company private at...