• Doubts mount over plans to take Tesla private

    7 monthes ago - By Reuters

    Tesla shares continue to drop following CEO Elon Musk's Twitter storm about taking the company public. Skeptics are asking how he would structure the deal and where he would get the money.
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  • Tesla stock drops back near pre-Musk tweet level

    7 monthes ago - By Chron

    Tesla shares have dropped back to near the level they were trading at before CEO Elon Musk tweeted Tuesday that he may take the company private.
    Shares were down 6 percent to $347.26 in midday trading Thursday.
    Shares had closed at $341.99 on Monday. Then Musk's Tuesday morning tweet that he might take the company private at $420 a share sent them soaring to $379. 57.
    The SEC already has opened an inquiry into the wording and method of Musk's disclosure about the deal, according to a Wednesday report in The Wall Street Journal, which cited unidentified people familiar with the matter.
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  • Tesla shares slip below level before Musk's going private tweet

    7 monthes ago - By Reuters

    Tesla Inc's shares slipped more than 6 percent to a two-day low on Thursday, to trade below its level before Chief Executive Elon Musk took to Twitter on Tuesday to announce he was considering taking the electric car maker private.
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  • Tesla shares fall as investors await Musk's funding plan

    7 monthes ago - By Reuters

    Tesla shares down 2.7 percent in late morning trade as investors jittery about CEO Elon Musk's plan to take co private for $420/shr, valuing co at more than $70 billion
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  • Is SpaceX the model for a private Tesla?

    7 monthes ago - By Reuters

    Tesla Inc Chief Executive Officer Elon Musk has held up his closely held space transportation company SpaceX as a model for taking his loss-making electric car company private, saying he wants existing Tesla investors to continue to hold stock.
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  • Millennial investors are ditching Tesla during its wild week

    Millennial investors are ditching Tesla during its wild week

    7 monthes ago - By Business Insider

    Holdings of Tesla fell 8% on Robinhood over the past week.
    The stock has skyrocketed in the same time following Elon Musk's plan to go private, giving remaining investors a nice boost.
    Follow Tesla's stock price in real-time here.
    Elon Musk sent shockwaves through the stock market this week when he announced plans to go private.
    The stock surged more than 10% following his cryptic tweet that funding had been secured to take the electric carmaker private, and investors on Robinhood may have cashed out following the rise.
    Data from the free stock trading app show roughly 7,400 investors...
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  • The 'Tesla top'? Musk's gambit could signal a pinnacle in risk-taking that often occurs before bull markets end

    7 monthes ago - By CNBC

    Elon Musk's stunning announcement that he is looking to take his pioneering car company private could have darker implications for the broader market.
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  • Elon Musk's Plan to Take Tesla Private ‘Doesn't Make Sense,' Janus CEO Says

    7 monthes ago - By Fortune

    Elon Musk's plan to take Tesla Inc. private "doesn't make sense" because it was poorly communicated and calls for a high valuation, the chief executive of Janus Henderson Group Plc said.
    "I don't really understand the idea of what was suggested in the potential for them to go private," Dick Weil, CEO of the $370 billion asset manager, said in an interview with Bloomberg Television Thursday. "That's obviously an incredibly large valuation to somehow take into the private market."
    The suggestion that current shareholders could continue to own the company is "a combination of financial...
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