Tesla Inc. Chief Executive Officer Elon Musk’s plan to take the electric car maker private raised doubts among Wall Street analysts about the billionaire’s ability to gather enough financial backing to complete the deal.
Musk shocked the market, yet again with a tweet on Tuesday that he was considering taking the loss-making company private at $420 a share. Shares were down 3 percent in premarket trading after closing up 11 percent at $379.57 on Tuesday.
