Taking Tesla private raise doubts, Wall Street sees funding hurdle

The company already has a $2 billion investment from Saudi Arabia's sovereign fund as well as Tencent, which took a 5 per cent stake in 2017

Tesla Chief Executive Officer Elon Musk’s plan to take the electric carmaker private raised doubts among Wall Street analysts about the billionaire’ s ability to gather enough financial backing to complete the deal.
 
Musk shocked the market, yet again with a tweet on Tuesday that he was considering taking the loss-making company private at $420 a share. Shares were down 3 per cent in pre-market trading after closing up 11 per cent at $379.57 on Tuesday.
 
“Given the haphazard process of disclosure last afternoon, our initial impression was that Musk sprung his plan of going private upon the