Hoodwinked?

I’m admittedly left nonplussed and scratching my head. You may have heard the news. The Chief Executive Officer of a car company that you hear about in the news every now and then called Tesla teased the following on social media Tuesday afternoon: “Am considering taking Tesla private at $420. Funding secured.” He went on to add “Investor support is confirmed.” Umm, OK. While certainly newsworthy, all of this left me to contemplate a few things about this “news” event.

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