• Tesla still hasn't said where its secured financing is coming from - here's what that probably means

    4 monthes ago - By CNBC

    Elon Musk may have been inventing the financing, but 'secured' doesn't mean much from a legal standpoint. Or, it may be coming from sovereign wealth funds or other sources that want to keep it hush-hush.
    Read more ...

     

  • 'The Thomas Edison of our age has come off rails': Brand expert says Elon Musk has put himself in a risky situation

    'The Thomas Edison of our age has come off rails': Brand expert says Elon Musk has put himself in a risky situation

    4 monthes ago - By Business Insider

    Tesla CEO Elon Musk has put himself in a risky position, Scott Galloway, an NYU marketing professor, said via Twitter.
    Galloway referred to Musk as the "Thomas Edison of our age," but said Musk could find himself in legal trouble if he hasn't secured the funding necessary to take the company private.
    "My mind is blow over Elon tweet today. I think the Thomas Edison of our age has come off rails. 'Funding Secured' means he has the money lined up or he's guilty of market manipulation. His animus toward short-sellers have gotten the better of him," he said .
    On Tuesday, Musk signaled his...
    Read more ...