Elon Musk Teases Tesla May Go Private The Tesla CEO dropped the bombshell in his usual unorthodox fashion: on Twitter. Investors were initially skeptical about the announcement, and the confusion prompted a temporary suspension in trading of Tesla's stock. Tesla has never made a profit over the course of a calendar year. Recently, Musk has attempted to change that by cutting costs and reducing the Tesla workforce. The CEO believes that taking Tesla private Gartner analyst Mike Ramsey, via ABC News