Members of the Tesla board said Wednesday that they have met “several times” to discuss CEO Elon Musk‘s desire to go private.
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UPDATE 4-Tesla board evaluating CEO Musk’s idea to take company private
(Reuters) – Tesla Inc’s (TSLA.O) board said it was evaluating taking the company private, a day after Chief Executive Elon Musk surprised shareholders with the idea of launching the biggest leveraged buyout of all time. FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space… Continue reading UPDATE 4-Tesla board evaluating CEO Musk’s idea to take company private
Tesla board evaluating CEO Musk’s idea to take company private
(Reuters) – Tesla Inc (TSLA.O) said on Wednesday its board is evaluating Chief Executive Elon Musk’s idea of taking the company private after he brought the matter up for discussion last week. FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and… Continue reading Tesla board evaluating CEO Musk’s idea to take company private
MY Digest: BM Mobility launches service in KL; Axis REIT buys industrial asset
August 8, 2018 SGX-listed BM Mobility Ltd has launched its own brand of electric bike-sharing service Revgo in Malaysia while Bursa-listed Axis REIT has acquired an industrial facility for RM18.5 million ($4.5 million) in Negeri Sembilan, Malaysia. BM Mobility launches bike-sharing service in KL SGX-listed BM Mobility Ltd has launched its own brand of electric… Continue reading MY Digest: BM Mobility launches service in KL; Axis REIT buys industrial asset
Wall Street analysts question whether Musk has ‘funding secured’ and ‘investor support’ but say they must take CEO seriously
In the original Tweet that started it all, Musk stated the takeout price at $420 and that funding was already secured. Tweet Link “Disclosing news of this nature via twitter is unprecedented and, according to a former [Securities and Exchange Commission] chairman, may constitute fraud if Tesla does not already have the financing lined up,”… Continue reading Wall Street analysts question whether Musk has ‘funding
secured’ and ‘investor support’ but say they must take CEO
seriously
Elon Musk’s Tesla stock boost may lower financial pressures for the carmaker
Tesla’s big stock rally after a tweet from CEO Elon Musk that said he is considering taking the company private put an important convertible bond above its conversion price, potentially easing financial pressure on the carmaker.
Ex-SEC chair: Musk’s tweet on taking Tesla private puts him at risk of civil and criminal penalties
Elon Musk could face civil and criminal penalties if found he didn’t secure financing at the time of his tweet about taking Tesla private, former Securities and Exchange Commission Chairman Harvey Pitt told CNBC on Wednesday.
Ford has now made 10 million Mustangs: Here is a history of the iconic, best-selling sports car
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.
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.
UPDATE 1-Tesla’s board says Musk started go-private talks last week
(Reuters) – Tesla Inc Chief Executive Elon Musk started talks with the company’s board last week about taking the electric car maker private, some board members said on Wednesday. FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in… Continue reading UPDATE 1-Tesla’s board says Musk started go-private talks last week