Elon Musk says he has no interest in selling Tesla

We imagine being the CEO of an electric vehicle start-up company would be a dream job for many of our readers, but one of the job responsibilities no one would enjoy is dealing with all the naysayers. Whether it's a stock analyst saying Tesla will fail like internet groceries or two university students claiming Tesla is a prime takeover target, CEO Elon Musk has to deal with a lot. Recently, with acquisition rumors still persisting, Musk wanted to set the record straight and told Bloomberg:

"I don't think it's a good idea to plan to sell a company. I don't personally have any interest in selling. I think there's a lot of innovation we can bring to the car business."

In addition, Tesla expects to post losses for at least another year while they prepare for high-volume production of the Model S sedan. With partners Daimler and Toyota adding to Tesla's revenue stream via battery pack development, Musk thinks Tesla can stay independent for a long time.

[Source: Bloomberg]

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