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Hot and getting hotter in Tesla’s kitchen

Joe Mont | August 27, 2018

It says a lot about Tesla’s CEO that a side venture, The Boring Co., produces a high-end flamethrower.

Flamethrower. The word better suits the easily combustible corporate leader far more than “boring” does. The description is even more apt and intriguing when you consider that CEO Elon Musk came unknowingly close to killing the way our public markets are run.

It was Musk who, in early August, announced rather whimsically on Twitter that he had a plan, and a fully funded one at that, to take Tesla private. Given time to steep in the hot water of a potential Securities and Exchange Commission violation, Musk’s promises disintegrated into assurances that the publicly traded nature of the company would remain so.

We have no clue, as yet, of what the SEC might do regarding the Tesla buyout that never was.

Cutting through the ink of the storyline, however, you may still be able to argue that...

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