Tesla options bulls reap windfall on Musk’s going private tweet

Tesla shares halted after Musk tweet about going private
August 7, 2018
Elon Musk considers taking Tesla private in tweet, shares jump
August 7, 2018
This post was originally published on this site

Tesla Inc’s options activity surged on Tuesday after Chief Executive Elon Musk tweeted he was considering taking the company private and some quickly executed trades netted massive paper profits as shares in the electric car maker rallied as much as 9 percent.