Bloomberg Law
April 25, 2019, 1:59 PM

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

David  Welch
David Welch
Bloomberg News

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 ...