a letter to tesla employees on the company's blog where he said that going private would be the best path forward and would allow tesla to operate at its best free from distraction and short term thinking going private would also be one way to avoid close scrutiny by the public market musk has feuded publicly with regulators critics short sellers and reporters some analysts believe he would prefer to have less transparency the company is still trying to overcome production challenges which have held up its new model three sedan on which tesla's profitability rests that hasn't stopped musk from announcing major projects like multibillion dollar facilities in china and europe analysts have expressed skepticism at those plans statements about taking the company private are facing similar doubts but if followed through this could be a make or break moment for the silicon valley company as competition from european automakers is poised to intensified with new electric vehicles from our t.