Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private, according to a person with direct knowledge of the fund’s plans.
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Two days after Elon Musk vowed on Twitter that he had “funding secured” for a spectacular $82-billion deal to take Tesla private, he has offered no evidence to back up the statement
The wild tweet hit Wall Street at precisely 12:48pm on Tuesday – and things just keep getting wilder. Seemingly out of the blue, Elon Musk proclaimed that he might pull his money-losing Tesla off the market.
Elon Musk said he’s considering taking Tesla private in a radical step that would ease pressure on the money-losing car maker.
Elon Musk may have been on to something when he said Tesla was becoming a real car company. Just as importantly for investors, he’s acting more like a real CEO.
Early in Warren Buffett’s life, his father failed to get hired at the family grocery store during the Great Depression. Without a job, and without any money after a run on the banks, the family of four ran up a tab
Elon Musk is a master storyteller. Production troubles at the Tesla plant? He’s building a submarine to rescue children from a Thai cave. The most-shorted stock on the market? He’s sending water filters to
Electric car pioneer Tesla no longer has the road to itself. German car makers Daimler, BMW and Volkswagen are closing in and may pass their American rival by 2021, based on a consultancy’s ranking of electric
Artificial intelligence research group OpenAI said it has created software capable of beating teams of five skilled human players in the videogame Dota 2, a milestone in computer science. The achievement puts San Francisco
A disgruntled Tesla employee broke into the company’s manufacturing operating system and sent highly sensitive data to unknown third parties, according to an e-mail Elon Musk sent to staff. The worker, who had been denied