[oil pan 4]

Normally companies go from private to public. Not the other way around.
Normally you go private:
When you get bought out by or merge with someone and they want to take it all private. Thata really the only time it's ever a good thing.
When the CEO wants to make it harder if not impossible for the share holders or board to replace them.
So you can share company financial information with only a select few.
So you can make it easier to follow through with bad decisions.
To limit criticism.
To make it a whole lot easier to commit white collar crime.
When the guys at the top know the stock price has peaked.

Their known problems are: they have limited cash flow in, most of their cash flow is from car order deposits, order deposits are way down for the second quarter of 2018, debt, they are about to post a billion dollar loss for the second year in a row, they have a huge back log of 420,000 orders they don't have the ability to fill, lots of competition now compared to even 2 years ago, model 3 demand has collapsed largely because model 3 are barely moving off the assembly line and the competition actually fills orders, people who have been waiting years for a car are really getting pissed.
Supposedly funding was secured to expand the production line, musk said Goldman Sachs (gigantic red flag alert) and another privet firm approved their loan. Both firms said "no we didnt".

The scale of this problem is it took nissan about 8 years to build 300,000 leaf cars and nissan built the leaf on an existing platform, nissan is an established large global company who knows how to mass produce cars, ship them all over the world and most importantly turn a profit while doing all that.

If ford or GM did this they would have filed chapter 11 oh about a year ago.

I really hope they don't go under because it is a pretty cool company. Some dirty Chinese company would probably buy them up, the United States tax payers pumped a lot of money into this company to get them started, it would be a travesty to let some foreigners buy them up at pennies on the dollar.