Tesla Chairman and CEO Elon Musk addresses discusses self-driving featur

What Tesla takeover proposal could look like

Now that Tesla CEO Elon Musk has hired advisers for his plan to take the U.S. electric car maker private, and the Tesla board has named a special committee of independent directors to evaluate it — two steps CNBC reported would happen last week— the next milestone is for Musk to actually put together a […]

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 […]

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, […]