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Tesla's board may reportedly tell Elon Musk to recuse himself from talks about taking the company private

3 monthes ago   |   By Business Insider

Chris Pizzello / AP
Tesla 's board of directors may tell CEO Elon Musk to recuse himself as it explores the possibility of taking the company private, CNBC reports, citing people familiar with the matter.
According to the publication, the board plans to meet with financial advisors to determine how it will explore the idea of how to convert Tesla into a private company and has told Musk that he must consult a separate, personal set of advisors.
The board will probably form a smaller, special committee comprised of independent directors to analyze buyout proposals, CNBC reports.
According...
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Do You Know Who's Backing Elon Musk's Bid to Take Tesla Private?

Do You Know Who's Backing Elon Musk's Bid to Take Tesla Private?

3 monthes ago   |   By Jalopnik

As the internet's most-read auto website among the elite billionaires of the world, I can't believe I've yet to solicit tips from one of our most beloved group of readers on this: Do you know who is backing Elon Musk's bid to take Tesla private? No one seems to have any idea. Do you?
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Tesla is now worth less than it was before Elon Musk's $420 tweet

Tesla is now worth less than it was before Elon Musk's $420 tweet

3 monthes ago   |   By Business Insider

Scott Olson/Getty Images
Tesla surged more than 10% Tuesday after Elon Musk said he was considering taking the company private.
However a lack of more information and a reported investigation by federal regulators have wiped out the gains.
Follow Tesla's stock price in real-time here.
Shares of Tesla have rolled over and given up their more than 10% gains from Tuesday when CEO Elon Musk tweeted that he was considering taking the company private at $420 share.
The stock declined more than 6% Thursday, falling as low as $346.49. When Musk's cryptic tweet sent shockwaves through markets at...
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SEC reportedly 'intensifying' examination of Tesla after Elon Musk tweets about taking the company private

SEC reportedly 'intensifying' examination of Tesla after Elon Musk tweets about taking the company private

3 monthes ago   |   By Business Insider

Max Whittaker / Getty Images
The Securities and Exchange Commission is "intensifying" its inquiry into Tesla , Bloomberg reports.
According to the publication, the agency was gathering information about statements Tesla has made regarding sales and manufacturing targets before its most recent inquiry.
The SEC and Tesla declined Business Insider's requests for comment.
The SEC on Wednesday asked Tesla about whether one of CEO Elon Musk 's tweets regarding the possibility of taking the company private was truthful, The Wall Street Journal reported .
The Securities and Exchange Commission is...
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Welcome to Georgia

Welcome to Georgia

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Don't Wait For Black Friday: These Refurb Philips Hue Deals Are Incredible

Don't Wait For Black Friday: These Refurb Philips Hue Deals Are Incredible

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Air New Zealand Adds More Flights Auckland-Gold Coast

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All Three Southwest Credit Cards Are Running 60,000 Point Welcome Offers...

All Three Southwest Credit Cards Are Running 60,000 Point Welcome Offers, For a Limited Time

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Here's the Majestic 1970 BMW 2500 We Drove From Seattle to New York

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“She's not much to look at,” I would often remark about the 1970 BMW 2500 that Raphael Orlove and I just drove from one coast to another, “but she's tough as nails.” If you ask... Read more ...

Klook's research revealed 52% Indian travellers plan things-to-do before...

Klook's research revealed 52% Indian travellers plan things-to-do before booking flights or hotels

The traditional travel booking process usually starts with flights, then accommodations and, finally, things-to-do in the destination of choice. But according to data from... Read more ...

2020 Ford Baby Bronco: This Could Be It and It's Super Retro

2020 Ford Baby Bronco: This Could Be It and It's Super Retro

For years now we've been patiently waiting for Ford to disappoint us with a new generation of the classic Ford Bronco , some watered-down flabby design that won't match the... Read more ...

Start Planning for Summer Now with More JetBlue Service to Nantucket Next Year

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JetBlue today announced it is expanding service to Massachusetts' Nantucket Memorial Airport with new summer seasonal service from New York's LaGuardia Airport and Westchester... Read more ...

So Is the BMW M340i a Four-Door Supra Or What

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For years I have dreamed of getting a Toyota Cressida , a rear-drive four-door sedan that shared its heart with the Supra of its day. Now with the Supra coming back, done in... Read more ...

Don't you DARE sleep on the Tercel

Don't you DARE sleep on the Tercel

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