Tesla shareholders who sell if EV maker goes private will be losers for one big reason: A.I.
August 10, 2018 at 08:31 AM EDT
Tesla shares have been on the move ever since Elon Musk said he may take the company private at a valuation of $420 per share, a $71 billion deal. The shareholders who decide to sell will miss out on a key future value driver that will put it way ahead of the electric-car maker's competition: Tesla’s proprietary artificial intelligence chip and its cloud-based genetic algorithms.