Six of Tesla's board members issued a statement Wednesday morning confirming that they have been in discussions with CEO Elon Musk about taking the company private. On Tuesday, Musk revealed on Twitter that he was considering privatizing the company after taking it public in 2010. He set a target stock price of $420 a share and said he had...
Solar cars are like sunny days—always waiting for tomorrow. Now the dawn may be breaking on that tomorrow with the small, crowd-funded Sono Sion solar car in Germany. The company has raised enough online funding to begin testing, according to a Reuters report carried by Autoblog. The car is mainly battery-powered, but the roof, doors, and...
Dedicated reader John Briggs wrote in to Green Car Reports share his unfortunate experience with the airport police in Boston. We found his story so compelling, instructive—and dare we say entertaining?—that we felt it worthy of sharing. The following are his words, lightly edited for style. Sometimes a seemingly simple plan can fall...
Tesla CEO Elon Musk said Tuesday he is considering taking the electric car company private. The executive posted on Twitter, "Am considering taking Tesla private at $420 a share." Tesla's stock bounced 7.3 percent Tuesday immediately after the news. Trading was halted for well over an hour on Tuesday. Shareholders could either to sell at 420 or...
The Twitter posts, saying funding was in place for such a move, followed a report that a Saudi fund had taken a stake. The company’s shares soared.
The chief executive cited stock-market pressures as having an adverse effect. The announcement followed a report that a Saudi fund had taken a stake.
Tesla’s chief executive suggested that being a public company, beholden to shareholders, created perverse incentives for people to try to harm what they were trying to achieve.
Tesla’s chief executive suggested that being a public company, beholden to shareholders, created perverse incentives for short-sellers.
Tesla’s chief executive suggested that being a public company, beholden to shareholders, created perverse incentives for short-sellers.
Tesla’s chief executive suggested that being a public company, beholden to shareholders, created perverse incentives for short-sellers.
