Elon Musk's infamous tweet declaring he had 'funding secured' at $420 per share to take Tesla private was sent one year ago today. Here's what Tesla's faced in the year since.
- The past year has been particularly chaotic for Tesla.
- Exactly 12 months ago, Elon Musk tweeted his desire to take the company private.
- That sparked a year marked by lawsuits, inquiries, executive departures and more.
- Visit Business Insider's homepage for more stories.
It's been exactly one year since 60 simple characters caused months of headaches for Tesla, its executives, shareholders, and federal regulators.
Shares of Elon Musk's electric-car company still haven't hit the chief executive's target of $420 per share in the 12 months since the infamous tweet. The billionaire's resulting settlement with the Securities and Exchange Commission only lasted so long, before the stock market regulator hit him with more legal headaches.Here's how Tesla's dramatic four quarters since the failed go-private bid have panned out:
Get the latest Tesla stock price here.