Elon Musk defended his unusual move to announce by tweet that he intends to take Tesla private. In a blog post on Monday the chief executive of Tesla said that the Saudi Arabian sovereign wealth fund offered to fund taking the all-electric automaker private during a meeting on July 31.

Topics:  elon musk   saudi arabian   july   tesla   tweet   fund   
BING NEWS:
  • Supreme Court rejects Elon Musk’s appeal over agreement with SEC on social media posts about Tesla
    Share on Facebook Share on Twitter The Supreme Court on Monday rejected an appeal from Elon Musk over the terms of a settlement agreement with the Securities and Exchange Commission (‘SEC’) that requi ...
    04/30/2024 - 12:53 am | View Link
  • Elon Musk loses appeal bid for 'funding secured' case at U.S. Supeme Court
    The justices turned away Musk's appeal of a lower court's decision upholding the 2018 settlement reached after he said on social media that he had "funding secured" to take Tesla private.
    04/29/2024 - 8:38 am | View Link
  • The US Supreme Court rejects Elon Musk’s appeal in ‘funding secured’ tweet ruling
    On Monday, the US Supreme Court dismissed Elon Musk’s appeal about a 2018 SEC settlement regarding his infamous “funding secured” tweet. Ars Technica reports that the conservative-majority court took ...
    04/29/2024 - 7:35 am | View Link
  • Elon Musk loses at Supreme Court in case over “funding secured” tweets
    The SEC brought a securities fraud charge against Musk after his August 2018 tweets stating, "Am considering taking Tesla private at $420. Funding secured" and "Investor support is confirmed. Only ...
    04/29/2024 - 4:27 am | View Link
  • Elon Musk’s ‘Twitter sitter’ appeal over Tesla posts rejected by Supreme Court
    The Supreme Court on Monday turned away Tesla CEO Elon Musk’s request to back out of a settlement agreement he struck with the Securities and Exchange Commission in 2018 over a series of tweets about ...
    04/29/2024 - 2:42 am | View Link
  • More

 

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