Tesla May Go Private: Now What?

0 | By Wall Street Insights and Indictments Staff

In a stirring tweet Tuesday afternoon, Tesla Inc. (NasdaqGS:TSLA) mastermind Elon Musk said: “Am considering taking Tesla private at $420. Funding secured.” This announcement was a shockwave to investors, and all are wondering what the CEO’s next move will be.

On this week’s episode of Varney & Co., host Stuart Varney and Shah Gilani discuss if Tesla is worth a buy right now – and Shah replies adamantly, “Absolutely not.” Then, The Walt Disney Co. (NYSE:DIS)’s streaming division has laid out plans to fight against the tech titans, Netflix Inc. (NasdaqGS:NFLX) and Inc. (NasdaqGS:AMZN) – and Shah declares that Disney is still a homerun. Lastly, Shah and Stuart dive into if Apple Inc. (NasdaqGS:AAPL) – despite anchoring its position as the U.S.’s first $1 trillion company – should be worried about Samsung’s latest moves.

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