As authorities start investigating, big bets in wake of Elon Musk’s “Tesla going private” tweet
LONDON — Pretoria-raised super entrepreneur Elon Musk is a global personality on whom there is no middle ground. His disruptive approach is now challenging long- held stock market rules on the disclosure of share price sensitive information. An unprecedented "going private by tweet" has sparked an investigation by the SEC, delighted fans and emboldened short sellers – further polarising the divisive opinions about the CEO of Tesla. What's certain, though, is this time he will be exposed as an ambitious huckster with an overworked hype machine – or, as his supporters claim, will finally be recognised for his unmatched genius. – Chris Bateman
This is The Rational Perspective, I'm Alec Hogg. In this episode the manipulative Musk Tweet – Brilliance or Blunder. The full transcript of this and every episode of The Rational Perspective is available, along with full access to The Wall Street Journal in the Premium Section of BizNews.com.
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