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Musk Still Rues Tesla Being Public, Though the ‘Ship Has Sailed’

April 25, 2019, 1:59 PM

Elon Musk, whose efforts to take Tesla Inc. private ended with the U.S. bringing fraud charges, called the electric-car maker’s stock price “manic depressive” and said he still wishes the company were no longer public.

“I would prefer we were private, but unfortunately I think the ship, that ship, has sailed,” Musk said April 24 on an earnings call, after Tesla reported a bigger-than-expected loss.

Tesla shares were little changed as of 6:40 p.m. in New York, after the close of regular trading April 24. Earlier in the post-market session, the stock fell as much as 3.1 percent and rose ...

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