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Tesla is reportedly in early discussions with investors about funding to go private

6 monthes ago   |   By Business Insider

Joe Skipper / Reuters
Tesla is in early discussions with some potential investors about the possibility of taking the company private, Bloomberg reports.
According to the publication, the company is looking for a number of investors, rather than seeking a few, large stakeholders.
The report appears to contrast with tweets from Tesla CEO Elon Musk on Tuesday, in which he said funding to take the company private was "secured" and indicated that a shareholder vote was the final step needed to finish a deal.
According to Bloomberg, sources close to 16 financial firms and technology companies...
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Elon Musk's 'funding secured' tweet could cost Tesla millions, former SEC chairman says

Elon Musk's 'funding secured' tweet could cost Tesla millions, former SEC chairman says

6 monthes ago   |   By Business Insider

Evan Vucci/AP Images
The SEC is reportedly inquiring into a tweet from Tesla CEO Elon Musk about the potential for the company to go private.
An inquiry from the SEC does not necessarily mean an investigation will follow, but if the agency does determine one is necessary, it will start by looking at a tweet Musk posted on Tuesday, Harvey Pitt, a former SEC chairman, told Business Insider.
If Musk is found guilty of misconduct, potential punishments could range from hundreds of millions of dollars in fines to criminal prosecution.
Nearly three days after Tesla CEO Elon Musk said he had...
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Norwegian Leaps Forward as Largest Non-North American Airline to Serve New...

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Ryanair To Open New Toulouse Base in Winter 2019

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Wednesday's Best Deals: Dyson Ball Animal 2, Networking and Storage Gold...

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Last Year, Sabah Tourism Sets New Record

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The tourism of Sabah in 2018 has set a new record with the highest tourism receipts ever at RM8.342bil on the back of a record-high 3.879 million arrivals. Read more ...

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Tourism Is Now A $22.6 Billion Industry In South Carolina

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In South Carolina, tourism is now a $22.6 billion industry, representing a $1.4 billion increase from the previous year and a 50 percent increase since 2010, according to the... Read more ...

The Global F&B Sector Expected To Be Worth $171.2 Billion By 2023

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By 2023, the global F&B sector is expected to be worth $171.2 billion, according to a new report launched at Gulfood in Dubai. Read more ...

Liberty International Tourism Group sets up its offices in Australia & New...

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Liberty International Tourism Group, the largest independent destination management company of the world, has declared plans about its expansion into Australia and New Zealand... Read more ...

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The tourism of Sabah in 2018 has set a new record with the highest tourism receipts ever at RM8.342bil on the back of a record-high 3.879 million arrivals. Deputy Chief... Read more ...