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Elon Musk is 100% Right. 3 Reasons Tesla Must Go Private…Or it’s Doomed

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Wednesday’s earnings report was a bust for Tesla. The company reported a huge loss of $702 million and missed revenue expectations. In the conference call that followed, forlorn Tesla boss Elon Musk mused about taking Tesla private again: “I would prefer we were private, but unfortunately I think the ship, that ship, has sailed.” Elon Musk desperately wants to pull Tesla off the stock market and return it to private investors. And he’s right. Going private is exactly what Tesla needs right now to avoid a death spiral.  “Taking Tesla private… funding secured” Musk first hinted about his ambition to

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