You seem to ignore the fact that you would then have access to 100% of the revenue that Tesla makes by selling cars and other things.

(This in turn sort of guarantees a price floor for stocks in public companies: the price of a stock shouldn't really go below the net asset value of the company.)

I really doubt Tesla would survive very long in that state. Stock will crash, public opinion will sour, employees will quit etc. very quickly.

Why would public opinion matter if your company wasn't public?

IMO it's a beautiful thing if your company can be aligned 100% with customers and not some random idiots that want participation in your company issues without even owning a Tesla let alone an EV. No earnings reports, no SEC wasting your time.

Only reason companies (unfortunately) need to go public is the need for upfront capital or early-stage capital that wants an exit.

The second part is very significant. Many people want to diversify their risk, and public companies allow that. Rather own 10% each of 10 companies than 100% of one risk-wise.

Note that taking 100% of a company has been one of Warren Buffet's activities for decades.

If you own literally all of the stock in Tesla... how could the stock crash? There's no stock being traded for its value to change.

Of note, there are examples in the past of companies going private without falling apart--Dell is the most notable example I can think of off the top of my head.

>If you own literally all of the stock in Tesla... how could the stock crash? There's no stock being traded for its value to change.

The price will plummet in the sense that nobody would bid to buy it for anywhere as much as they would before the event.

If nobody is bidding, there's no asks to cause the price to go down. More likely, someone buying all of the stock either a) intends to take it private, at which point there is no more stock anymore or b) intends to fold it into another company, at which point there is no more stock anymore. (Of course, the valuation would likely go down anyways, because people usually pay a premium to buy all of the stock.)

"If I suddenly own 100% of Tesla the stock would crash."

This is a nonsensical statement. If you own 100% of Tesla then it has no stock price.

You would also have control of its physical and intellectual assets as well as receiving its current and future revenue streams.

Yes, yes, in theory it has no stock price. In practice if I do want to sell - privately or not - I wouldn't get anywhere as much as the price was beforehand.

> I wouldn't get anywhere as much as the price was beforehand.

that's not a conclusion, but an assumption you make.

The price of a stock can only be found by transacting, and if this isn't taking place, you cannot draw any conclusions about the price of a stock. You can only guess it - via some method like cashflow analysis, or some other model.

That is true, but only because a) the market for entire companies is fairly small, and b) Tesla, overall, is vastly overvalued.

If you look at other companies like Dell, or the various acquisitions of Berkshire Hathaway, you would find plenty of examples of people deciding the market price of companies was less than the value, doing exactly what you are arguing can't happen, and making money from it.

Real estate, employee talent, brand value, business knowledge, .. You could do a whole lot with that.

That's not how it works.

If you own the entirety of TSLA then you've essentially taken the company private.

Then you can turn around and sell to private equity firms with, say, current market cap as asking price.