Tesla Tumbles, Erases 'Earnings' Gains As Going Private Chaos Turns "Ominous"

https://www.zerohedge.com/news/2018-08-17/tesla-tumbles-much-7

"I Was Not On Weed": In Tearful Interview, Musk Admits Nobody Reviewed Going Private Tweets

In a rare, hour-long interview with the New York Times, in which the increasingly unstable Tesla CEO "alternated between laughter and tears", Elon Musk provided a unique glimpse into his mind, confirming just how fragile and combustible everything inside of it is right now.

"This past year has been the most difficult and painful year of my career. It was excruciating" a tearful Musk said, apparently forgetting all those documented trips to London, Brazil, Australia, Grimes in tow, to party and blow off steam.

But while Musk may have had his share of self-created turmoil, most of it dutifully recorded on his own twitter account, it all blew up in his face when he abruptly declared on Twitter on August 7 that he had arranged to take Tesla private "funding secured." The episode kicked off a furor in the markets and within Tesla itself, launched an SEC probe, and speaking to the NYT, Musk even acknowledged "that he was fraying."

Case in point: at multiple points in the phone interview with The NYT, Musk "choked up, noting that he nearly missed his brother’s wedding this summer and spent his birthday holed up in Tesla’s offices as the company raced to meet elusive production targets on a crucial new model."

https://www.zerohedge.com/news/2018-08-17/i-was-not-weed-tearful-interview-musk-admits-nobody-reviewed-going-private-tweets