Wednesday 21 November 2018
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todayonline - 3 month ago

SEC pressing Tesla directors for details on communications with Musk: Wall Street Journal

Federal regulators are pressing Tesla Inc s TSLA.O directors for details on how much information Chief Executive Elon Musk shared with them before he tweeted last week about a potential deal to take the company private, the Wall Street Journal reported on Thursday, citing a person familiar with the matter. Musk stunned investors and sent Tesla s shares soaring 11 percent when he tweeted on Aug. 7 that he was considering taking Tesla private at $420 per share and that he had secured funding f

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