• Elon Musk is in perilous territory after tweeting about wanting to take Tesla private, experts say

    12 days ago - By Business Insider

    Tesla CEO Elon Musk shocked observers on Tuesday by expressing his desire to take the company private.
    In an email to employees , he said the pressures of being a public company create distractions and promote short-term thinking that may not produce the best decisions in the long-term, but added that a final decision could not be made until a shareholder vote is held.
    David Whiston, an equity strategist at Morningstar, wondered why Musk didn't wait until a deal was certain before talking about going private.
    If a deal doesn't go through, Musk will have to explain, in detail, why he...
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  • Elon Musk's Go-Private Plan for Tesla Presents a Quandary: Sell Now or Hang On?

    Elon Musk's Go-Private Plan for Tesla Presents a Quandary: Sell Now or Hang On?

    12 days ago - By Fortune

    Elon Musk's gambit to take Tesla Inc. private could present a quandary for some shareholders.
    Musk, Tesla's chief executive officer, floated the idea of going private at a price of $420 per share Tuesday on Twitter. The tweet, which does not represent a final decision, touched off a firestorm of speculation and sent shares of the electric-car maker to their highest price this year.
    The possibility also leaves Tesla investors - both big mutual funds and retail holders alike - with a thicket of questions, risk and perhaps a big decision: They can sell now at a low premium or hang on and bet...
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  • Tesla board is evaluating Elon Musk's plan to take the company private

    Tesla board is evaluating Elon Musk's plan to take the company private

    12 days ago - By Stl Today

    Members of Tesla Inc.'s board of directors confirmed Wednesday they are evaluating Elon Musk's plan to take the electric car company private - a plan the mercurial founder, chief executive and chairman announced Tuesday in a tweet. In a statement...
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  • Elon Musk reportedly met with Japan's SoftBank last year about taking Tesla private

    Elon Musk reportedly met with Japan's SoftBank last year about taking Tesla private

    12 days ago - By Business Insider

    Tesla CEO Elon Musk met with SoftBank CEO Masayoshi Son about taking the electric-car maker private last year, Bloomberg reports.
    The news comes one day after Musk said he was considering taking Tesla private.
    SoftBank has previously invested in Uber, Nvidia and GM's Cruise.
    Follow Tesla's stock price in real-time here.
    Tesla's chief executive Elon Musk met with SoftBank CEO Masayoshi Son in April 2017 about the Japanese investment firm assisting in taking Tesla private, Bloomberg reported Wednesday.
    The report came the day after Musk said he was considering taking Tesla private and that...
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  • Taking Tesla private would be the largest buyout in history - but maybe not much money would change hands

    Taking Tesla private would be the largest buyout in history - but maybe not much money would change hands

    12 days ago - By Business Insider

    If Tesla goes private at over $80 billion, it would be the largest buyout in history.
    But we don't know enough about a potential deal to rule out a less expensive strategy.
    CEO Elon Musk could be thinking only about financing the possible exit of Tesla retail investors while converting institutional stakes into private shares.
    It looks like Tesla CEO Elon Musk is serious about taking Tesla private .
    Already, the gyrations among observers of the company have begun - for good reason, given that the deal would come in at north of $80 billion if Musk's $420-per-share valuation is to be...
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  • Taking Tesla private would be the largest buyout in history - but maybe not much money would change hands

    Taking Tesla private would be the largest buyout in history - but maybe not much money would change hands

    12 days ago - By Business Insider

    If Tesla goes private at over $80 billion, it would be the largest buyout in history.
    But we don't know enough about a potential deal to rule out a less expensive strategy.
    CEO Elon Musk could be thinking only about financing the possible exit of Tesla retail investors while converting institutional stakes into private shares.
    It looks like Tesla CEO Elon Musk is serious about taking Tesla private .
    Already, the gyrations among observers of the company have begun - for good reason, given that the deal would come in at north of $80 billion if Musk's $420-per-share valuation is to be...
    Read more ...

     

  • Tesla Shareholders Should Aim For More than $420

    12 days ago - By Forbes

    Elon Musk's tweet that he had the financing to take Tesla private at $420 drove the stock to $380 yesterday, up 11% for the day. Putting a cap on the upside at $420 makes the stock significantly less attractive. Here's what I think shareholders should do.
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  • Doubts grow over Elon Musk's master plan to take Tesla private

    13 days ago - By Washington Post

    In a note to clients, a Morgan Stanley analyst said Musk's strategy to reveal the offer on Twitter might lead to higher costs and financial risk.
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  • A look at Tesla's nine-member board

    13 days ago - By Reuters

    Tesla Inc's board has said it is evaluating taking the electric car maker private, a day after Chief Executive Elon Musk surprised shareholders with the idea of launching the biggest leveraged buyout of all time.
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  • Tesla board evaluating CEO's bid to take company private

    13 days ago - By Philly

    SAN FRANCISCO - Board members at Tesla are evaluating CEO and Chairman Elon Musk's $72 billion proposal to take the electric car and solar panel maker private.
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  • Can Elon Musk Tweet That? The SEC May Have an Opinion

    13 days ago - By Washington Post

    Tesla Inc. founder and Chief Executive Officer Elon Musk roiled trading and sowed confusion about his future plans after tweeting that he's considering taking the company private at $420 a share. The electric-carmaker's stock soared after the tweet, closing 11 percent higher on August 7 after a mid-session trading halt. Some investors wondered if he meant it as a joke - he did not. Others asked whether he might have violated the U.S. Securities and Exchange Commission's fair-disclosure rules by
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  • Tesla's board of directors says Elon Musk brought up going private last week

    Tesla's board of directors says Elon Musk brought up going private last week

    13 days ago - By Business Insider

    The Board of Directors for Tesla said in a statement issued on Wednesday that company CEO Elon Musk had brought up the notion of taking the company private last week.
    Musk announced on Twitter on Tuesday that he is considering taking Tesla private at $420 per share.
    Some industry commentators have wondered if Musk opened himself up to legal ramifications because of the nature of his public announcement.
    Tesla's Board of Directors said in a statement issued on Wednesday that company CEO Elon Musk had brought up the notion of taking the company private last week, prior to his public Tweets...
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  • Tesla's board of directors says Elon Musk brought up going private last week

    Tesla's board of directors says Elon Musk brought up going private last week

    13 days ago - By Business Insider

    The Board of Directors for Tesla said in a statement issued on Wednesday that company CEO Elon Musk had brought up the notion of taking the company private last week.
    Musk announced on Twitter on Tuesday that he is considering taking Tesla private at $420 per share.
    Some industry commentators have wondered if Musk opened himself up to legal ramifications because of the nature of his public announcement.
    Tesla's Board of Directors said in a statement issued on Wednesday that company CEO Elon Musk had brought up the notion of taking the company private last week, prior to his public Tweets...
    Read more ...

     

  • Doubts grow over Elon Musk's master plan to take Tesla private

    13 days ago - By Washington Post

    Some analysts are questioning the Tesla chief's unconventional Twitter revelation: "Why announce it to the world in this way?"
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