Analysis: Musk’s Tesla buyout plan could test Wall Street’s nerves

SAN FRANCISCO: A leveraged buyout of electric carmaker Tesla could be an ominous sign of market exuberance, but investors may need more justification to run for the exits.

CEO Elon Musk’s suggestion on Tuesday that he wanted to take Tesla private at US$420 a share, putting a value of US$72 billion …

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