In recent days, according to people familiar with the matter, some of his fellow board members delivered a stern message: Stop tweeting.
A new Tesla Model 3 loses its bumper in the rain, in 30 min. And what about Musk's expectation of shareholder buy-ins?
Following last night's tweet by Elon Musk that Tesla is working with "Silver Lake and Goldman Sachs as financial advisors, plus Wachtell, Lipton, Rosen & Katz and Munger, Tolles & Olson as legal advisors, on the proposal to take Tesla private", even
Nextbigfuture had speculated that the Saudi sovereign fund would be the source of funding when Elon Musk tweeted about going private with Tesla. Nextbigfuture has been talking about the Sovereign Wealth funds mobilizing for technology and in particul
What a difference 24 hours makes: just yesterday, Reuters reported citing "two sources familiar with the matter", that Saudi Arabia's Sovereign Wealth Fund, the Public Investment Fund (PIF) which recently acquired a stake just shy of 5% in Tesla in
China and Asia have had the economic growth for the last few decades and the growth in oil demand. US fracking has supplied 6 million barrels per day of the total 10.5 million barrels per day of increased oil demand. Almost all of the new oil dema
President Trump will dine with Apple CEO Tim Cook on Friday, according to a tweet he sent late Friday afternoon.
Tesla shorts may be in for a treat, as Elon Musk has just set the stage for an unprecedented "burn of the century".
NEARLY A WEEK after Elon Musk sent the markets and the media into a tizzy by tweeting he wants to take Tesla private, there's some more information about how he'd do it, and what it would mean for the company.
Overstock's blockchain investments now provide 60% of the firm's total value and the blockchain investments will drive the price to $112, an almost 150% increase from their current level according to Tom Forte, an analyst with D.A. Davidson.
Samumed has raised $438 million with a $12 billion valuation. Samumed is a leader in medical research and development for tissue-level regeneration.
Bitmain, the dominant cryptocurrency mining leader, is filing for an initial public offering (IPO) potentially for as much as $18 billion this September at a market capitalization of $40 to $50 billion. It will be listed on the Hong Kong Stock Exchan
Assume for a second that there were no pending questions facing the Elon Musk proposed MBO of Tesla: that the funding was indeed secured, that the Board has signed off on the deal, that the requisite number of shareholders had agreed to roll their eq
n a suburban Minneapolis laboratory, a tiny company that has never turned a profit is poised to beat the world's biggest agriculture firms to market with the next potential breakthrough in genetic engineering - a crop with "edited" DNA.
In this podcast, I rant about the recent controversy surrounding Elon Musk's supposed "secured" financing to take the company private at $420 per share and I question why the Board of Directors doesn't seem to have any clue as to what the hell is goi
A lot has changed since the stock market crash of 2000. Apple Inc. has gone from being just another computer brand to becoming the most valuable company in the world, Amazon.com Inc. went from being an e-book retailer to a byword for online shopping
The New York Times Co (NYT.N) added fewer paid digital subscribers in the second quarter as it cut back on discounts, overshadowing its better-than-expected quarterly results and sending its shares down nearly 5 percent on Wednesday.
Update: almost one day after the Musk tweet, Tesla Board members Brad Buss, Robyn Denholm, Ira Ehrenpreis, Antonio Gracias, Linda Johnson Rice, and James Murdoch, finally issued a statement:
INSIDE MAGIC LEAP'S QUEST TO REMAKE ITSELF AS AN ORDINARY COMPANY (WITH A REAL PRODUCT)
Elon Musk could be in trouble if Tesla does not vote on the going private offer at $420. Elon Musk twitter announcement on the buyout could look like stock fraud if they do not out the offer to a vote.
From her home in a wooded hollow in Virginia hill country, Brianna Smith and her two-year-old son Jack entered the aviation record books on Tuesday.
And passengers cars from BMW, Audi, Lexus and so on…
As a result of the accelerating cord-cutting trend, streaming TV increased in the second quarter, according to a new report from Conviva, a real-time measurement and intelligence platform for many of the world's largest streaming TV publishers, whi
Mosa Meat receives $8.8 million in investment as the race to produce lab-grown meat ramps up.
Few tweets are as memorable as Elon Musk's taunt to shorts from April 3, 2017, when Tesla stock soared above $300 for the first time, a level it has found to be a (mostly) rock solid support level in the ensuing 16 months.
CAPTIVE AUDIENCE: HOW COMPANIES MAKE MILLIONS CHARGING PRISONERS TO SEND AN EMAIL
EXCLUSIVE: The online retailer paid £4.6million last year - or just over 6% on profits of £72million - despite the firm's UK sales soaring by a quarter to £8.8billion in 2017