Submitted by gagliardilou on April 16, 2012
I have a live feed for my futures trading account. It also lets me look at live news for any stock. Of course I look at live news for Tesla and I saw a post that said there was a rumor BMW was looking to buy Tesla for between $60.00 to $80.00 a share. A BMW spokesperson then came out and said the rumor was not true. The news said Tesla was unavailable for comment.
One thing I know is that if news leaks out like this, there is usually some truth to it. Maybe there was talks and Tesla said no, or maybe BMW backed out, but something was going down.
Anyone else hear anything? $60.00 to $80.00 is a good price. I personally would like to see Tesla not sell -at least for a few more years. I feel they would get a better price and that would give them time to make EV's a mainstay.