Business magnate Elon Musk.

Tesla board reportedly concerned about Elon Musk’s use of Ambien

Telsa board members are concerned about Elon Musk’s use of Ambien and recreational drugs, according to an explosive interview with The New York Times published late Thursday. Musk said in the interview he now needs Ambien to sleep, but board members are concerned that the drug isn’t having the intended effect for Musk, the New […]

Elon Musk, founder and CEO of SpaceX

Why SpaceX investors aren’t concerned about Musk taking Tesla private

Going public is becoming less necessary for companies to raise significant funding, according to Prasad. SpaceX is an example of how the venture capital industry, as well as the private market, continues to change, in Prasad’s view. Private investors used to jump into companies very early and sell at the earliest opportunity, he says. Instead, […]