Ford is announcing on Wednesday that it has made its 10 millionth Mustang, the best-selling two-door sports car that has been in continuous production since it was first introduced 54 years ago.
Author: CNBC Online news
Tesla board has met ‘several times’ to discuss Musk’s desire to go private
Members of the Tesla board said Wednesday they have met “several times” to discuss CEO Elon Musk‘s desire to go private.
Tesla weighs taking company private, but no decisions made yet
Tesla CEO Elon Musk stunned investors Tuesday with a string of tweets saying he is considering taking the company private, in what would be the largest deal of its kind.
Tesla shares halted after string of Musk tweets on possibly taking company private
Tesla CEO Elon Musk stunned investors Tuesday with a string of tweets saying he is considering taking the company private, in what would be the largest deal of its kind.
Elon Musk’s tweet about going private costs Tesla short sellers $1.3 billion
Investors betting against Tesla lost about $1.3 billion after a tweet from CEO Elon Musk‘s verified account which mentioned taking the company private, according to estimates from financial technology firm S3 Partners.
Tesla shares surge 10% after Elon Musk shocks market with tweet about going private
But the plan Musk laid out did not mention anything about that funding, which would total about $71 billion if Musk plans to take Tesla private at $420 a share. Its current market value is $64 billion. A deal of that size would dwarf the previous largest leveraged buyout, TXU, which was valued at $32.11… Continue reading Tesla shares surge 10% after Elon Musk shocks market with
tweet about going private
Elon Musk’s tweets a strategy to distract from Tesla problems: Yale management expert
In an email sent later to Tesla employees, Musk wrote, “a final decision has not yet been made, but the reason for doing this is all about creating the environment for Tesla to operate best.” He also said, “If the process ends the way I expect it will, a private Tesla would ultimately be an… Continue reading Elon Musk’s tweets a strategy to distract from Tesla
problems: Yale management expert
No need to buy a Cadillac, Mercedes-Benz or Volvo when you can simply subscribe
In a world awash in hassles, this seemed like a dream come true. A near-new Cadillac delivered to your home, office or wherever else you’d like. No insurance or maintenance to worry about. If there are issues, a “concierge” is an email or phone call away. Grow tired of the car? Just go to the… Continue reading No need to buy a Cadillac, Mercedes-Benz or Volvo when you
can simply subscribe
Tesla stock jumps on Musk’s tweet that he is considering taking company private; unclear if tweet is legitimate
Then Musk’s account tweeted “Good Morning” with a smiley-face emoji at about 1:30 p.m. ET. Good Morning The stock jumped as high as $371.15 and then came back as traders began to question the legitimacy of the tweet. It was last at about $358, already up more than 5 percent on the day because of… Continue reading Tesla stock jumps on Musk’s tweet that he is considering
taking company private; unclear if tweet is legitimate
Ford executive said to leave over ‘accusations of inappropriate behavior’
Pradeep Gaur | Mint | Hindustan Times | Getty Images Ford global director of program management Prakash Patel at a launch of a Ford Mustang on January 28, 2016 in New Delhi, India. A high-profile executive at Ford has reportedly left the company over accusations of inappropriate behavior, according to an article in Automotive News… Continue reading Ford executive said to leave over ‘accusations of
inappropriate behavior’