Elon Musk Is Considering Taking Tesla Private (page 3)

Tesla has been a public company since 2010 and its CEO Elon Musk has now expressed his desire to take the company private. Communicating the desire through his preferred mode of communication, Musk tweeted that he’s considering taking Tesla private at $420 per share. That would not only require approval from the board and the shareholders but also a substantial amount of money. “Funding secured,” Musk added in the tweet. Soon after tweeting, Musk sent an email to Tesla employees and mentioned that it wasn’t just a weed joke and that he’s seriously considering taking the company private. “The reason for doing this is all about creating the environment for Tesla to operate best,” he wrote.The details of how this will be processed are slim. An offer would be made to purchase Tesla stock at $420 per share. However, Musk also said that existing shareholders would be given the choice to either sell their shares to remain with Tesla as it goes private.Musk mentioned in ano

Elon Musk Is Considering Taking Tesla Private

Tesla has been a public company since 2010 and its CEO Elon Musk has now expressed his desire to take the company private. Communicating the desire through his preferred mode of communication, ...

Wed 8 Aug 18 from Ubergizmo

Tesla's board discussed going private before Musk's tweets

Turns out not everyone was in the dark about Elon Musk's plans to take Tesla private. A post from the board on the electric-vehicle manufacturer's investor relations site ...

Wed 8 Aug 18 from Engadget

Tesla board evaluating CEO Musk's idea to take company private

Tesla Inc 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.

Wed 8 Aug 18 from Reuters Technology

Tesla board mulls plan to go private

The carmaker's board confirms it will consider the proposal by chief executive Elon Musk to take it private.

Wed 8 Aug 18 from BBC Technology

Tesla's board says Musk started go-private talks last week

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.

Wed 8 Aug 18 from Reuters Technology

Wall Street sees funding hurdle to Musk's plan to take Tesla private

Tesla Inc Chief Executive Officer Elon Musk's plan to take the electric car maker private raised doubts among Wall Street analysts about the billionaire' s ability to gather enough financial ...

Wed 8 Aug 18 from Reuters Technology

Report: Now the SEC is looking into Elon Musk’s tweets

Elon, we need to talk. In case you haven’t heard, Elon Musk tweeted yesterday and rocketed his company’s stock. Now, the Securities and Exchange Commission is asking questions. ...

Wed 8 Aug 18 from Fastcompany Tech

Tesla Board Evaluating CEO Musk's Idea to Go Private

Tesla Inc's 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 ...

Wed 8 Aug 18 from Voice of America

  • Pages: 1 2 3

Bookmark

Bookmark and Share