• There's an X-factor in Tesla's go-private deal that no one is considering while they try to figure out what Elon Musk is thinking

    3 monthes ago - By Business Insider

    The financial world is fixated on Tesla CEO Elon Musk's go-private deal for the company.
    But Tesla remains a public company - and all the business issues it was dealing with before the go-private plan was announced continue to be in play.
    Tesla is still aiming to post a profit in the second half of 2018.
    Last week, Tesla CEO Elon Musk fired off the tweet heard 'round the financial world, revealing that he was considering taking Tesla private.
    Since then, assorted frenzied analysts have attempted to discern what Musk meant and when he meant it. But the outlines of deal have taken shape...
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  • Tesla forms three-member panel to decide on any Musk proposal

    Tesla forms three-member panel to decide on any Musk proposal

    3 monthes ago - By Reuters

    Tesla Inc's board named a special committee of three directors on Tuesday to negotiate with Elon Musk on taking the electric carmaker private, although it said it was yet to see a firm offer from the company's chief executive.
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  • Meet the 3 Tesla board members set to decide on Elon Musk's go-private plan

    Meet the 3 Tesla board members set to decide on Elon Musk's go-private plan

    3 monthes ago - By Business Insider

    Tesla 's board of directors has formed a special committee to examine CEO Elon Musk 's preference to take the company private , according to a statement on the electric-car maker's website .
    Three independent board members - Brad Buss, Robyn Denholm, and Linda Johnson Rice - will sit on the special committee.
    While Musk has not yet presented a formal proposal to take Tesla private, he will need the committee's approval before such a move can occur.
    Follow Tesla's stock price in real-time here.
    Tesla on Tuesday said its board of directors had convened a special committee to act on the...
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  • A look at Tesla's nine-member board

    3 monthes ago - By Reuters

    Tesla Inc's board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although it said it was yet to see a firm offer from him.
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  • Tesla's Board Moves to Oversee Musk's Efforts to Take Company Private

    3 monthes ago - By NY Times

    Three independent members of the board will have “full power and authority” to evaluate any privatization efforts proposed by Elon Musk, the chief executive.
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  • Tesla is putting together a special team to discuss Elon Musk's proposal to go private

    3 monthes ago - By Fast Company

    Brad Buss, Robyn Denholm, and Linda Johnson Rice will serve on the committee, according to Reuters.
    Tesla is reportedly putting together a three-person special committee to discuss the proposal to go private. This news follows a letter from CEO Elon Musk describing conversations between the company and the Saudi Public Investment Fund about a potential deal to turn the company private.
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  • Tesla's board has formed a special committee to consider going private

    3 monthes ago - By Chron

    Hollis Johnson/Business Insider
    Tesla's board of directors has formed a special committee to examine CEO Elon Musk's preference to take the company private, according to a statement on Tesla's website.
    Three independent board members - Brad Buss, Robyn Denholm, and Linda Johnson Rice - will sit on the special committee.
    While Musk has not yet presented the committee with a formal proposal to convert Tesla into a private company, he will need the committee's approval before such a move can occur.
    Tesla's board of directors has formed a special committee to examine CEO Elon Musk's preference...
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  • How Saudi's Stake in Tesla Could Help Musk Go Private

    3 monthes ago - By Washington Post

    Saudi Arabia's investment in Tesla Inc. is turning out to be more significant than market-watchers knew. As well as being a signal of intent of the kingdom's determination to diversify into technology, the almost 5 percent stake is also of huge importance to Elon Musk's ambition to take the electric carmaker private. With the Saudi government hoping to grow its Public Investment Fund to more than $2 trillion by 2030, it seems that the interests of both parties may have aligned.
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  • Tesla forms special committee to consider going private

    3 monthes ago - By Washington Post

    The board of the all-electric car company formed a three-person committee to consider going private, the company announced Tuesday.
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  • Tesla's board has formed a special committee to consider going private

    Tesla's board has formed a special committee to consider going private

    3 monthes ago - By Business Insider

    Tesla 's board of directors has formed a special committee to examine CEO Elon Musk 's preference to take the company private, according to a statement on Tesla's website .
    Three independent board members - Brad Buss, Robyn Denholm, and Linda Johnson Rice - will sit on the special committee.
    While Musk has not yet presented the committee with a formal proposal to convert Tesla into a private company, he will need the committee's approval before Tesla can go private.
    Tesla's board of directors has formed a special committee to examine CEO Elon Musk's preference to take the company private...
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  • Tesla forming committee to assess proposal to go private

    3 monthes ago - By Chron

    PALO ALTO, Calif. - Tesla is forming a special committee to evaluate proposals to take the company private one week after CEO Elon Musk said he was considering it.
    The committee, made up of three independent directors, said Tuesday that it has not received any formal proposal from Musk.
    Musk tweeted on Aug. 7 that he had "funding secured" to buy Tesla shares at $420 per share.
    That tweet may have created a sticky situation for Musk as it appears the funding may not be locked up yet. According to Musk, the tweet followed a meeting with Saudi Arabia's Public Investment Fund.
    Shares of Tesla...
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