{"id":295142,"date":"2022-10-27T19:47:28","date_gmt":"2022-10-27T16:47:28","guid":{"rendered":"https:\/\/ceotudent.com\/elon-musk-announces-he-is-considering-withdrawing-tesla-from-the-stock-exchange"},"modified":"2022-10-27T19:47:28","modified_gmt":"2022-10-27T16:47:28","slug":"elon-musk-announces-he-is-considering-withdrawing-tesla-from-the-stock-exchange","status":"publish","type":"post","link":"https:\/\/ceotudent.com\/en\/elon-musk-announces-he-is-considering-withdrawing-tesla-from-the-stock-exchange","title":{"rendered":"Elon Musk Announces He Is Considering Withdrawing Tesla From The Stock Exchange"},"content":{"rendered":"<div class=\"line nText\">Energy storage and electric car manufacturer Tesla announced a big development with the explanations of Elon Musk. Tesla&#8217;s withdrawal from the New York stock market is on the agenda.<\/div>\n<div class=\"nImage coverImage\"><img decoding=\"async\" src=\"https:\/\/ceotudent.com\/wp-content\/images\/post\/user-799\/gutl0u.jpg\"><\/div>\n<div class=\"line nText\">Nasdaq reported that it has suspended transactions on Tesla shares at $367 per share as of 21:00 Turkish time.<\/div>\n<div class=\"line nText\">\n<p>The Financial Times also claimed that the Saudi Arabian Public Investment Fund will buy 3 to 5 percent of the company.<\/p>\n<div><\/div>\n<\/div>\n<div class=\"nImage\"><img decoding=\"async\" src=\"https:\/\/ceotudent.com\/wp-content\/images\/post\/user-799\/gl8gsa.jpg\"><\/div>\n<div class=\"line nText\">Elon Musk made the following announcement on Twitter:<\/div>\n<div class=\"line nText\">\n<blockquote><p>&#8220;I&#8217;m considering withdrawing Tesla at $420 per share. Funding is guaranteed.&#8221;<\/p><\/blockquote>\n<\/div>\n<div class=\"line nEmbed\" style=\"text-align: center;\" contenteditable=\"false\">\n<blockquote class=\"twitter-tweet\" data-lang=\"tr\">\n<p dir=\"ltr\" lang=\"en\">Am considering taking Tesla private at $420. Funding secured.<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1026872652290379776?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">August 7, 2018<\/a><\/p><\/blockquote>\n<\/div>\n<div class=\"line nText\">\n<p><i>Stating that &#8220;If we withdraw from the stock market, I hope all current investors will stay in Tesla,&#8221;<\/i> Musk underlined that the company&#8217;s shareholders can sell their own shares for $ 420 or that they can continue to hold their shares if the company withdraws from the stock market.<\/p>\n<div><\/div>\n<\/div>\n<div class=\"line nText\">For detailed explanations of Elon Musk, you can check the tweet from Tesla&#8217;s official account.<\/div>\n<div class=\"line nEmbed\" style=\"text-align: center;\" contenteditable=\"false\">\n<blockquote class=\"twitter-tweet\" data-lang=\"tr\">\n<p dir=\"ltr\" lang=\"en\">Taking Tesla Private <a href=\"https:\/\/t.co\/kw4eHOJfBh\">https:\/\/t.co\/kw4eHOJfBh<\/a><\/p>\n<p>\u2014 Tesla (@Tesla) <a href=\"https:\/\/twitter.com\/Tesla\/status\/1026912973120462848?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">August 7, 2018<\/a><\/p><\/blockquote>\n<\/div>\n<div class=\"line nText\">After these developments, the value of the company is expected to be 70.6 billion dollars.<\/div>\n<div class=\"line nText\">The shares of Tesla, which made its initial public offering in June 2010, were offered on the New York stock market at $ 17. While Tesla shareholders criticize the firm&#8217;s increasing spending and missing production deadlines, experts argue that if Tesla withdraws from the stock market, some of such pressures will be lifted from the company.<\/div>\n<div class=\"line nText\"><\/div>\n<div id=\"empty-line\" class=\"nText \"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Energy storage and electric car manufacturer Tesla announced a big development with the explanations of Elon Musk. Tesla&#8217;s withdrawal from the New York stock market is on the agenda. Nasdaq reported that it has suspended transactions on Tesla shares at $367 per share as of 21:00 Turkish time. The Financial Times also claimed that the&#8230;<\/p>\n","protected":false},"author":2006,"featured_media":145799,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17220],"tags":[20993,21014,20317,20389,20990],"class_list":["post-295142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fresh","tag-ada-en","tag-dolar-en","tag-elestiri-en","tag-mobile","tag-tarih-en"],"_links":{"self":[{"href":"https:\/\/ceotudent.com\/en\/wp-json\/wp\/v2\/posts\/295142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceotudent.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceotudent.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceotudent.com\/en\/wp-json\/wp\/v2\/users\/2006"}],"replies":[{"embeddable":true,"href":"https:\/\/ceotudent.com\/en\/wp-json\/wp\/v2\/comments?post=295142"}],"version-history":[{"count":0,"href":"https:\/\/ceotudent.com\/en\/wp-json\/wp\/v2\/posts\/295142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceotudent.com\/en\/wp-json\/wp\/v2\/media\/145799"}],"wp:attachment":[{"href":"https:\/\/ceotudent.com\/en\/wp-json\/wp\/v2\/media?parent=295142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceotudent.com\/en\/wp-json\/wp\/v2\/categories?post=295142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceotudent.com\/en\/wp-json\/wp\/v2\/tags?post=295142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}