Elon Musk Is Reportedly Still Seeking Funding to Take Tesla Private

This week, Elon Musk revealed his plans to make Tesla private and removed all shares from public markets at the estimated cost of $50 billion USD. Musk claimed that funding for taking Tesla private has already been secured but according to a Bloomberg report, the company is still in the process of looking for funding from a broad pool of investors. This is to allegedly avoid a concentration of ownership in the brand. Musk initially boasted that funding for the plan is "secured," but if the descr...