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Musk Talking To Saudi Fund, Others As He Seeks Tesla Buyout Financing

by firstpost.com posted 11months ago 27 views
By Supantha Mukherjee (Reuters) - Elon Musk on Monday explained what he meant by tweeting "funding secured" to take Tesla Inc private: he is confident a deal can be done but has not yet finalised a plan. What exactly Musk had intended by saying “secured” has emerged as a potential legal and regulatory minefield for the Silicon Valley billionaire after his unorthodox disclosure on Twitter last Tuesday that he was looking into taking Tesla out of the public markets for $420 a share The post Musk talking to Saudi fund, others as he seeks Tesla buyout financing appeared first on Firstpost.

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