Deals
Exiting Tesla Now May Beat Risking a Failed Deal, Barclays Says
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Investors may be better off cashing out of Tesla Inc. instead of risking a deal to take the company private falling through, Barclays analyst Brian Johnson writes in a research note.
Johnson, who rates Tesla the equivalent of sell with a $210 price target, said investors should either dump the stock now at current prices and avoid potential litigation risk, or take the $420 a share that Elon Musk has said he will offer to buy them out.