Elon Musk reveals he is working with Goldman Sachs and Silver Lake to help take Tesla private
6 monthes ago - By Business Insider
Elon Musk said via Twitter Monday evening that he was working on a proposal with Goldman Sachs and Silver Lake as financial advisors to take Tesla private.
In a statement on Monday , Musk also shared more details about who might fund a deal to take Tesla private.
Musk said in the statement that a meeting with the managing director of Saudi Arabia's sovereign wealth fund prompted his tweet about wanting to take Tesla private. But Musk said he is also having discussions with other investors because he wants to "continue to have a broad investor base."
Elon Musk said via Twitter Monday...
Read more ...'It was, at best, hasty and naive, and, at worst, manipulative': Experts slam Elon Musk's confusing defense of why he tweeted 'funding secured'
6 monthes ago - By Chron
Rebecca Cook / Reuters
Tesla CEO Elon Musk released a statement on Monday in which he shed light on some of the questions raised last week by his statements about taking the company private.
But Musk's explanation is incomplete and raises new questions, experts say.
Musk's new statement doesn't back up his claim last week that he had "secured" funding to take Tesla private, Jeffrey Sonnenfeld, the senior associate dean for leadership studies at the Yale School of Management, told Business Insider.
And Musk doesn't explain an estimate he makes about the amount of funding he'll have to raise...
Read more ...Some of Tesla's board members were reportedly 'totally blindsided' by Elon Musk's tweet about going private
6 monthes ago - By Business Insider
Elon Musk's decision to tweet that he was considering taking Tesla private reportedly caught the company's own board of directors off-guard, The New York Times reported Monday night.
That August 7 tweet caused Tesla's stock to skyrocket to $380 per share that day.
In the days that followed, the SEC got involved, reportedly investigating Musk's online musings about taking the company private.
The fallout from that tweet follows an extended run of public missteps by the Tesla CEO.
Elon Musk's decision to tweet that he was considering taking Tesla private reportedly caught some of the...
Read more ...Some of Tesla's board members were reportedly 'totally blindsided' by Elon Musk's tweet about going private
6 monthes ago - By Business Insider
Elon Musk's decision to tweet that he was considering taking Tesla private reportedly caught the company's own board of directors off-guard, The New York Times reported Monday night.
That August 7 tweet caused Tesla's stock to skyrocket to $380 per share that day.
In the days that followed, the SEC got involved, reportedly investigating Musk's online musings about taking the company private.
The fallout from that tweet follows an extended run of public missteps by the Tesla CEO.
Elon Musk's decision to tweet that he was considering taking Tesla private reportedly caught some of the...
Read more ...Musk says Silver Lake, Goldman advising on taking Tesla private
6 monthes ago - By Reuters
Tesla Inc Chief Executive Elon Musk on Monday tweeted that he would work with buyout firm Silver Lake and investment bank Goldman Sachs as financial advisers on a proposal to take private the electric car maker.
Read more ...Musk says working with Silver Lake, Goldman on proposal to take Tesla private
6 monthes ago - By Reuters
Tesla Inc Chief Executive Officer Elon Musk said on Monday he was working with Silver Lake Partners and Goldman Sachs Group Inc for financial advice on his proposal to take the electric car company private.
Read more ...DealBook: Elon Musk's Tweets on Tesla Started a Tizzy. Someone Should Hit the Brakes
6 monthes ago - By NY Times
Executives are permitted to disclose market-moving information on social media. But Mr. Musk has provided regulators ample opportunity to re-examine the policy.
Read more ...While Elon Musk Pushes to Take Tesla Private, China's Nio Files for a $1.8 Billion IPO
6 monthes ago - By Fortune
At a time when Tesla CEO Elon Musk struggles to take his company private, Nio, a Chinese manufacturer of premium elected vehicles, filed to go public in a stock offering that could raise as much as $1.8 billion.
Nio, whose Chinese name translates as “Blue Sky Coming,” began making deliveries in June of its first electric car, the ES8. The company is planning to introduce a lower-cost SUV next year and more models in subsequent years.
In the first half of 2018, Nio reported less than $7 million in revenue and net loss of $503 million. The automaker said that it had delivered 481 ES8...
Read more ...Here's Mark Cuban's advice to Tesla CEO Elon Musk and the company's shareholders
6 monthes ago - By Stl Today
It's been a topsy-turvy couple of weeks for Elon Musk, the man behind electric car company Tesla. Musk, who has never been shy to share his opinion on anything and everything, has taken some criticism for recent tweets in which...
Read more ...
Search by Tags
Silver Management Legal Fund Security Leadership Business Companies Company Ads New York Investment Banks Bank Invest Investments BusinessNews Medias Media Market Moving Marketing Computers and the Internet Social Media Regulation and Deregulation of Industry Company Reports Twitter Securities and Exchange Commission Tesla Motors Inc Musk Elon China Autos Briefing Tech Electric Vehicles IPO NIO Opinion
The headlines of Business Mag
HOLD FAMILY A multiplayer network game for families
Spend more time with your family and less with your phone with the Hold Family app made by us! :)
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
I use this simple trick to earn big credit card sign-up bonuses - here's how...
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. Business Insider may receive a commission from The Points...
The Top 5 Things You Need to Know Now in Hotel Digital Marketing: February...
This month, the latest digital innovations include Facebook allowing Page owners to participate in Groups, new video advertising opportunities through Amazon, and asymmetrical...
Sarah Foster: Fed's Loretta Mester says another interest rate hike could be...
Federal Reserve Bank of Cleveland President Loretta Mester expects that the strong economy may warrant another interest-rate hike this year, provided that employment and...
Domino's pizza sinks after same-store sales miss
Domino's Pizza posted same-store sales that fell short of expectations. The pizza chain also missed on both the top and bottom lines. Shares fell 7.3% early Thursday. Watch...
Lyft could launch its IPO as soon as next week, according to multiple reports
A flurry of news reports Wednesday said Lyft is almost ready to begin the IPO process. The ride-hailing firm could make its confidential filing public as early as next week...
I tried the Kickstarter-funded 'toothbrush of the future,' and I loved it
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Brushing your...
A record-setting trend in tech and finance is fast spreading to other...
Stock buybacks are on track to set an annual record for a second-straight year, according to data compiled by Bank of America Merrill Lynch. The unprecedented fervor with which...
Redis Labs changes its open-source license - again
Redis Labs , fresh off its latest funding round , today announced a change to how it licenses its Redis Modules. This may not sound like a big deal, but in the world of...
The credit of British companies is declining in quality and austerity and...
The creditworthiness of British companies is declining in quality, according to Credit Benchmark, a research firm which tracks corporate debt. Companies in the EU and the US...
A bear market in stocks could be good news for legal marijuana
The wave of global marijuana legalization in 2018 could have something to do with last year's highly volatile stock market, says Chuck Thompson, a socionomics analyst. When...