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08

Wall Street Salivates After Elon Musk Floats Taking Tesla Private

By Tony Seruga

A day after Elon Musk declared that he might try to convert Tesla into a private company, Wall Street banks raced to figure out how such a transaction might work and how they might get a piece of the action.

Executives at banks including Goldman Sachs and Citigroup are discussing ways a deal could be structured, angling to land the potentially prestigious assignment of taking the maker of electric cars off public markets, according to people familiar with the discussions. Bankers and lawyers on Wall Street said any deal is likely to be valued at $10 billion to $20 billion…

Wall Street Salivates After Elon Musk Floats Taking Tesla Private

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