Is Tesla going private?

The founder of Telsa, Elon Musk, created an outcry in the stock market by his tweets on Tuesday. His tweet, "Am considering taking Tesla private at $420. Funding secured", pushed the stock up by over 10%, though the stock price did not reach $420 due to the existing of uncertainty. Some stock commenters argue that if Tesla does not go private eventually, the short side is likely to sue Elon Musk for manipulating the market; even if Tesla goes private later, some people point out that if the funding is not secured at the moment, Elon Musk could be accused of spreading fake information to manipulate the stock. Because of the legal problems, if Elon Musk is aware the legal issue his tweets could cause, the information from his tweets should be true. Moreover, the Saudi Arabian fund is just found to increase its stake in Tesla, it might be a source of funding for the privatization.

Then we need to ask if Elon Musk has the incentive to take Tesla private. Elon Musk has the control over the board, since his brother is the director sitting in the boardroom. Elon Musk is not getting well with the Wall Street, as last time, he rudely interrupted the Wall Street analysts' questions during the earnings call. He seems that he has been bored of answering the Wall Street analysts' questions and wants to take 100% control of the company without the influence of the financial institutions. Therefore, Elon Musk has a plenty of incentives to take Tesla private, and he has asked for it for years.

To conclude, the probability of Tesla going private is high.