Monday, August 13, 2018

Musk World

I'm fascinated by Elon Musk. If there was a daily soap opera called Musk World  I'd get cable just to watch it. There's always something and I mean always something going on in Musk World.

Last week Musk tweeted out the possibility of taking Tesla private at $420 a share. This put a scare into the people who have been selling Tesla stock short and also brought to question whether Musk should be investigated by the SEC for stock manipulation.

Meanwhile Russian retaliatory sanctions aimed at the US space program may open up some opportunities for Musk's SpaceX.

This week Tesla's board might meet to discuss the possibility of going private and asking Elon to recuse himself from the negotiations.

There's always something happening in Musk World.

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