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Bankers plot the Tesla pitch

Published 08/22/2018, 03:35 PM
© Reuters.  Bankers plot the Tesla pitch
TSLA
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  • The pitch by bankers looking for Tesla's (NASDAQ:TSLA) advisory business is that Elon Musk is a visionary on the level of Jeff Bezos, Steve Jobs and Michael Dell, according to the sources spilling to Fox's Charlie Gasparino.
  • His banker crowd sources concede that Tesla will have to recapitalize if the go-private plan doesn't work out.
  • Earlier today, there was a report that well-known crisis communications firm Joele Frank has been hired by Tesla.
  • Other tidbits from Tesla world: Huge crowds were reported in Australia at Model 3 events this week, while Business Insider probed feedback from Tesla customers on service.
  • Tesla is flat on the day at $322.15.
  • Now read: Tesla: A Counter To A New Short Theory


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