Thursday 20 September 2018
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todayonline
1 months ago

Investors query funding costs at a private Tesla

NEW YORK/BOSTON - Several Tesla Inc TSLA.O shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors. The issue has come to the fore as a special Tesla board committee considers Chief Executive Elon Musk s idea of taking the loss-making company private in a deal that could be worth as much as $72 billion. Tesla, whose

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