AI illustration: Taking Tesla private at $420 — funding secured (2018)
TeslaBusiness & Money
Missed

Taking Tesla private at $420 — funding secured (2018)

“Am considering taking Tesla private at $420. Funding secured.”
— Elon Musk · Aug 7, 2018 · Elon Musk on X, Aug 7, 2018 (verified via oembed) ↗
The fine print

Famous older prediction missing from dataset. No explicit deadline; the take-private was abandoned Aug 24, 2018.

The Progression

Aug 7, 2018
The promise: “Am considering taking Tesla private at $420. Funding secured.” · Elon Musk on X, Aug 7, 2018 (verified via oembed) ↗
Today · Jun 12, 2026
Status: Missed · no deadline given. Never happened.

The most consequential tweet of Musk's career: a claim that funding was secured to take Tesla private at $420 per share. No deal materialized, the SEC charged Musk with securities fraud within two months, and he settled for $20 million in fines plus stepping down as Tesla chairman. A 2023 jury later found him not liable to shareholders, but the buyout itself never happened.

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Receipts

LAST CHECKED 2026-06-11

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