Elon Musk: 'Impossible' to take Tesla private, Starlink IPO 'likely' - Business Insider

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Elon Musk says it's now 'impossible' to take Tesla private — and that a Starlink IPO is likely

Elon Musk said Friday that it's now "impossible" to take Tesla private.

In response to another user, Musk said that "engineering, design & general company operations" were a "fundamental limitation" to spending more time on innovation. "Tesla public company duties are a much bigger factor, but going private is impossible now ," he tweeted.

 

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We must revise the 2nd PPP. Revenue isn’t the best barometer for business health. The 25% loss should be based on net income. You will be withholding aid to the businesses that did whatever it took to get revenue to keep people employed at the expense of their company

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