Elon Musk, SEC to take time to resolve..
As the Tesla Inc. go-private saga enters its ninth day, many are wondering when regulators will decide whether Elon Musk broke the rules by dripping out details so haphazardly.
History suggests it might take a while.
At the center of the Tesla controversy is what Musk meant when he tweeted Aug. 7 that he had secured funding for a buyout without providing any specifics to back up the claim. Almost a week later he said his confidence was based on conversations with a Saudi Arabian sovereign wealth fund, which had long expressed interest in taking the company private.
Filed under: Motorsports
Continue reading F1 management and FIA reach peace deal to stop the infighting
F1 management and FIA reach peace deal to stop the infighting originally appeared on Autoblog on Wed, 15 May 2024 13:50:00 EDT. Please see our terms for use of feeds.
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