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Tesla shareholders face possible tax bill if company goes private

Longtime Tesla shareholders could be on the hook for a big bill. In June 2010, Tesla went public with an opening share price of $19. Since then, its stock has climbed to $340 or so — and that’s despite the company continuing to post losses. In 2017, Tesla had a reported a net loss of […]

Tesla's board forms a special committee to evaluate going private

Tesla’s board forms a special committee to evaluate going private

Tesla‘s board has formed a special committee to evaluate CEO Elon Musk‘s desire to go private, the company said Tuesday. The committee has not yet received a formal proposal from Musk, the statement says, but it’s another signal that the company is seriously considering the option. Any action to take the company private will need […]

Working with Goldman Sachs, Silver Lake on taking Tesla private

Tesla Board Surprised by Elon Musk’s Tweet on Taking Carmaker Private

Two people familiar with the chain of events said that in a conversation with an informal adviser about the mess he had gotten himself into, Mr. Musk said he had taken to Twitter impulsively. He said he had done so because he was not the kind of person who could hold things in, and was […]

Working with Goldman Sachs, Silver Lake on taking Tesla private

Working with Goldman Sachs, Silver Lake on taking Tesla private

CNBC reported last week that the Tesla board planned to meet with financial advisers this week to formalize a process to explore Musk’s proposal. The board is also likely to ask Musk to recuse himself from the decision, people familiar with the discussions said. The Tesla board had already met “several times” to discuss the […]

medical device worn by patient

Deloitte: Interoperability hindered by lack of incentives in private sector

Major advancements in technology have led to a significant increase in the number of innovative healthcare solutions that generate, collect, and analyze data, but a new report from the Deloitte Center for Health Solutions warns that the lack of interoperability continues to be a stumbling block in the development of a digitally enabled ecosystem. Looking […]