How Musk hit wall with his €70bn go-private car plan

Elon Musk’s stunning tweet that he wanted to take Tesla private and had funding secured was a classic Mr Musk moonshot — given credibility only by the sense that if anyone could possibly pull such a brazen feat, he was the guy.

The initial scoffing after that August 7 post gave way to hiring of bankers to a board meeting where, just maybe, it was ready to take shape.