• Elon Musk's Twitter Account Says Tesla Is Considering Going Private - At an 18% Premium

    10 days ago - By Fortune

    UPDATE : The Nasdaq halted trading of Tesla shares shortly after CEO Elon Musk's tweet.
    One of the most polarizing companies on the stock market, Tesla, may go private, according to a Tuesday message from CEO Elon Musk's Twitter handle.
    “Am considering taking Tesla private at $420. Funding secured,” the account reads. In a followup tweet, he quipped: “Good morning,” with as smiley face emoji. Fortune has yet to ascertain the veracity of the tweet, and will update this article once Tesla responds.
    Musk's social media message came shortly after the Financial Times reported, citing sources...
    Read more ...

     

  • Elon Musk's tweet about going private costs Tesla short sellers more than $800 million

    10 days ago - By CNBC

    Tesla shares surged after CEO Elon Musk mentioned he is considering taking the company private, hurting short sellers in the stock.
    Read more ...

     

  • Elon Musk considers taking Tesla private in tweet, shares jump

    10 days ago - By Reuters

    Chief Executive Elon Musk said on Twitter he is considering taking Tesla Inc private in what would be the largest deal of its type, moving the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight financial constraints.
    Read more ...

     

  • Tesla Trading Halted After Elon Musk Tweet About Taking Company Private

    10 days ago - By NY Times

    The Twitter posts, saying funding was in place for such a move, followed a report that a Saudi fund had taken a stake. The company's shares soared.
    Read more ...

     

  • If you didn't think Elon Musk might take Tesla private, you weren't paying attention

    If you didn't think Elon Musk might take Tesla private, you weren't paying attention

    10 days ago - By Business Insider

    Tesla CEO Elon Musk said on Tuesday on Twitter that he's arranged financing to take Tesla private .
    Musk has clearly been thinking about a deal since at least 2017, when he told Rolling Stone's Neil Strauss that Tesla would be in a better position as a private company .
    Taking Tesla private would immediately end the Wall Street debate about whether Tesla will raise additional public equity capital in 2018 or 2019.
    Seemingly innocuous comments can sometimes mean a lot.
    Elon Musk blew Wall Street's collective mind on Tuesday when he tweeted that he might take Tesla private , at $420 per...
    Read more ...

     

  • The Latest: Tesla stock trading halted after buyout proposal

    10 days ago - By Chron

    NEW YORK - The Latest on Tesla CEO Elon Musk proposing to take the electric car private at $420 per share :
    2:55 p.m.
    Tesla CEO Elon Musk's surprising proposal to take the electric car maker private has prompted regulators to suspend trading in the company's stock.
    The unusual step taken early Tuesday afternoon came shortly after Musk dropped a bombshell on his Twitter account by announcing he had lined up the financing to buy all of Tesla's stock at $420 per share. That would cost about $70 billion, making it one of the biggest buyouts in U.S. history.
    Read more ...

     

  • Tesla CEO Elon Musk says he may take the electric car maker private

    10 days ago - By Philly

    Trading was halted around 2 p.m. Elon Musk - the company's top investor, with more than 20 percent of its shares - has long waged war against the short sellers betting the company's value will plummet. This is his latest salvo.
    Read more ...

     

  • If Elon Musk is joking, this isn't funny

    10 days ago - By Fast Company

    Is this a material announcement by Tesla's CEO or just an opportunity to make a weird weed reference?
    Tesla is having quite a day. The Financial Times reported that Saudi Arabia's Public Investment Fund is taking a 3%-5% stake in Tesla through secondary markets, sending Tesla's stock up 5%. Then CEO Elon Musk tweeted the following:
    Read more ...

     

  • Tesla shares halted after Musk tweet about going private

    10 days ago - By Reuters

    Shares of Tesla Inc were halted for news pending on Tuesday after Chief Executive Elon Musk earlier tweeted he was considering taking the company private at $420 a share.
    Read more ...

     

  • Elon Musk tweets about taking Tesla private, shares spike

    Elon Musk tweets about taking Tesla private, shares spike

    10 days ago - By Venture Beat

    Chief Executive Elon Musk said on Twitter he is considering taking Tesla private at $420 per share as the electric car maker faces the challenges of fast growth and financial constraints, sending its shares up more than 6 percent. At $420 per share, a deal would represent a 22.8 percent premium to Tesla's closing price on Monday,...
    Read more ...

     

  • Elon Musk's Twitter Account Says Tesla Is Considering Going Public - At an 18% Premium

    10 days ago - By Fortune

    One of the most polarizing companies on the stock market, Tesla, may go public, according to a Tuesday message from CEO Elon Musk's Twitter handle.
    “Am considering taking Tesla private at $420. Funding secured,” the account reads. In a followup tweet, he quipped: “Good morning,” with as smiley face emoji. Fortune has yet to ascertain the veracity of the tweet, and will update this article once Tesla responds.
    Musk's social media message came shortly after the Financial Times reported, citing sources, that Saudi Arabia's sovereign wealth fund had acquired a 3% to 5% stake in the company...
    Read more ...

     

  • Elon Musk considers taking Tesla private in tweet, shares rise

    10 days ago - By Reuters

    Chief Executive Elon Musk said on Twitter he is considering taking Tesla Inc private at $420 per share as the electric car maker faces the challenges of fast growth and financial constraints, sending its shares up more than 6 percent.
    Read more ...

     

  • Elon Musk tweet: 'Am considering taking Tesla private. . Funding secured'

    Elon Musk tweet: 'Am considering taking Tesla private. . Funding secured'

    10 days ago - By Stl Today

    SAN FRANCISCO - Tesla Inc.'s shares leaped Tuesday after a tweet from Elon Musk's Twitter account said the chief executive was considering taking the financially struggling automaker private and has secured funding to do so. The tweet said only: "Am...
    Read more ...

     

  • A Tesla LBO Would Mean Elon Musk's $100B Moonshot Pay Deal Crashed In Orbit

    10 days ago - By Forbes

    A Tesla buyout at $420 a share would mean Elon Musk's failed to reach orbit on his moonshot $100 billion pay deal.
    Read more ...

     

  • Elon Musk considers taking Tesla private as stock jumps

    10 days ago - By RT

    Tesla CEO Elon Musk tweeted that he is considering taking Tesla private when shares in the electric carmaker hit $420. The news comes as the Saudi government revealed a huge stake in the company.
    Read more ...

     

  • Musk says he may take Tesla private and shares roar

    10 days ago - By Chron

    NEW YORK - Tesla CEO Elon Musk says he is considering taking the electric car maker private.
    Tesla's stock spiked Tuesday after Musk made the abrupt announcement in a terse tweet. He said is considering taking the company private at $420 a share and already has secured funding.
    Tesla shares are up more than 5 percent at $360.64.
    Read more ...

     

  • Elon Musk tweets he's thinking about taking Tesla private

    10 days ago - By Tech Crunch

    Tesla CEO Elon Musk is apparently thinking about taking the company private, he said in a Tweet this morning. More specifically, he said he may buy back the company for more than $85 billion.
    Am considering taking Tesla private at $420. Funding secured.
    - Elon Musk August 7, 2018
    Musk's tweet came shortly after news broke that a Saudi Arabian sovereign wealth fund bought a $2 billion stake in Tesla. Tesla's stock is currently rallying. It jumped as high as $371 and is currently trading around $367.
    Whether this is appropriate disclosure under SEC rules is unclear, but it's worth noting...
    Read more ...

     

  • Elon Musk just said on Twitter that he's considering taking Tesla private at $420 per share

    Elon Musk just said on Twitter that he's considering taking Tesla private at $420 per share

    10 days ago - By Business Insider

    Tesla CEO Elon Musk said on Tuesday that he's considering taking Tesla private at $420 per share.
    "Am considering taking Tesla private at $420. Funding secured," he said on Twitter.
    Tesla has been public since it filed an IPO in 2010.
    Tesla did not immediately confirm if Musk himself sent the tweet or if it was the result of a hack.
    Tesla CEO Elon Musk said on Tuesday that he's considering taking Tesla private at $420 per share.
    "Am considering taking Tesla private at $420. Funding secured," he said on Twitter.
    Tesla did not immediately confirm if Musk himself sent the tweet or if it was...
    Read more ...

     

  • Elon Musk just said on Twitter that he's considering taking Tesla private at $420

    Elon Musk just said on Twitter that he's considering taking Tesla private at $420

    10 days ago - By Business Insider

    Tesla CEO Elon Musk said on Tuesday that he's considering taking Tesla private at $420.
    "Am considering taking Tesla private at $420. Funding secured," he said on Twitter.
    Tesla has been public since it filed an IPO in 2010.
    Tesla did not immediately confirm if Musk himself sent the tweet or if it was the result of a hack.
    Tesla CEO Elon Musk said on Tuesday that he's considering taking Tesla private at $420.
    "Am considering taking Tesla private at $420. Funding secured," he said on Twitter.
    Tesla did not immediately confirm if Musk himself sent the tweet or if it was the result of a hack...
    Read more ...