After Elon Musk Tweets Spark Tesla Volatility, One Strategist Expects Change

Tesla could be at a turning point after Elon Musk's privatization tweet from early August sparked a wave of volatility in the stock.
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Tesla (TSLA) - Get Report could be at a turning point after Elon Musk's privatization tweet from early August sparked a wave of volatility in the stock.

On Friday, Musk announced that the company will remain public, scrapping earlier considerations for taking the company private. 

The stock is now back to its level prior to the Musk privatization tweet.

Nick Colas, Co-Founder of DataTrek Research, expects leadership changes at Tesla, including new board members and the addition of a Chief Operating Officer.

Tesla shares are up 2% since the start of the year.