• Elon Musk's bid to take Tesla private triggers new round of WTF epicness

    3 monthes ago - By Venture Beat

    There may not be enough popcorn on Planet Earth to get humanity through the soap opera that is Tesla. Elon Musk's plan to take the company private, if there is a plan, has spiralled into an endless series of face-palming moments that show no signs of abating. The latest episode features an embittered rap star, more tweets from Our Hero, and p...
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  • Elon Musk Says Goldman Sachs Is Working on His Bid to Take Tesla Private

    Elon Musk Says Goldman Sachs Is Working on His Bid to Take Tesla Private

    3 monthes ago - By Fortune

    Elon Musk is moving forward with his plan to take Tesla private.
    Musk is going full steam ahead and working with financial advisors Silver Lake and Goldman Sachs as well as receiving legal advice from law firms Wachtell, Lipton, Rosen & Katz and Munger, Tolles & Olson. Reuters reported that Silver Lake had not been retained as a financial advisor but was offering assistance to Musk, according to a source familiar with the matter.
    Musk announced last week on Twitter and on Tesla's website that he was considering taking automaker Tesla private and had secured the funding to do so. He later...
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  • People close to Saudi investment fund reportedly cast doubt on Elon Musk's claims about negotiations to take Tesla private

    People close to Saudi investment fund reportedly cast doubt on Elon Musk's claims about negotiations to take Tesla private

    3 monthes ago - By Business Insider

    Tesla CEO Elon Musk has teased the idea of taking the electric-car company private and said he had " funding secured " for the ambitious move.
    On Monday, Musk said in a statement that he interpreted earlier overtures from Saudi Arabia's Public Investment Fund about taking Tesla private as evidence that the group was "eager to proceed.
    But reports from The New York Times , The Wall Street Journal , and the Financial Times indicate the fund may not be ready or able to close on such a deal at this time.
    In the last week, Tesla CEO Elon Musk has made a series of bold statements - first...
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