Tesla's stock is dropping — here's what fives experts think might happen next

11:23 AM ET Mon, 27 Aug 2018

Tesla chief executive Elon Musk said late Friday he is ditching efforts to take the company private. The electric car maker's stock was down 1.8 percent in trading Monday. Musk announced in a blog post late Friday that consultations with Goldman Sachs and Morgan Stanley convinced him that most of Tesla's shareholders opposed the privatization proposal.