Tuesday, December 18, 2018
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Six members of the Tesla board of directors issued a statement Wednesday, claiming CEO Elon Musk spoke to them last week about his plan to take the publicly traded company private. Musk shocked investors and...
Like a Netflix original movie with lots of action but a threadbare plot, Elon Musk’s plan to take Tesla private has some glaring holes. The largest of which is how he’ll finance the buyback of...
Last week, Tesla CEO Elon Musk announced his intention to take the automaker private. But speculation quickly arose that the claim was just a clever ploy to drive up the company’s share price and burn...
A truly bizarre rumor is just one of the issues facing Tesla CEO Elon Musk as questions swirl following the August 7th announcement that he wants to take the publicly traded company private. As the U.S....
While the U.S. and now Canada enjoy carrying out international diplomacy via tweet, the business world lays out a few ground rules. If you’re the head of a multi-billion dollar publicly traded company, maybe it’s...
In June, Ontario — the place just over yonder from Detroit and Buffalo — switched governments for the first time in 15 years. As part of his planned overhaul of the province’s finances, newly minted leader Doug...
It’s a portrait of a man who’s gone past fraying at the edges. In an hour-long interview with the New York Times, Tesla CEO Elon Musk appears as a man threatening to come apart —...
The correct ending to this headline should read “…We’d All Lose Our Lunch.” Especially this month. Tesla investors are taking a wild ride of late, with CEO Elon Musk’s Aug. 7th “secured funding” tweet and subsequent...
Not without a profitable company, anyway. And Tesla, despite its promise to end the year in a cash-positive state, is not that company. Not yet. After rolling out a dual-motor Model 3 and its Performance sibling...
Fear not, there’ll be plenty of moaning about short sellers in the weeks and months — and probably years — to come. Late Friday, Tesla CEO Elon Musk pulled an about-face, issuing a blog post in which...