Elon Musk reveals he is working with Goldman Sachs and Silver Lake to help take Tesla private (TSLA, GS)

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  • Elon Musk said via Twitter Monday evening that he was working on a proposal with Goldman Sachs and Silver Lake as financial advisors to take Tesla private.  
  • In a statement on Monday, Musk also shared more details about who might fund a deal to take Tesla private. 
  • Musk said in the statement that a meeting with the managing director of Saudi Arabia’s sovereign wealth fund prompted his tweet about wanting to take Tesla private. But Musk said he is also having discussions with other investors because he wants to “continue to have a broad investor base.”

Elon Musk said via Twitter Monday evening that he was working Goldman Sachs and Silver Lake as financial advisors on a proposal to take Tesla private.  

Musk also said that he was working with the law firms Wachtell, Lipton, Rosen & Katz and Munger and Tolles & Olson as legal advisors. 

See the rest of the story at Business Insider

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Post Author: martin

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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