Elon Musk says he’s hired Goldman Sachs to help take Tesla private — even though the bank’s analyst is one of the most bearish on Wall Street (TSLA)

Max Whittaker / Getty Images Elon Musk tweeted late Monday that he was “excited to work with Silver Lake and Goldman Sachs” in his plan to take Tesla private.  Goldman Sachs’ analyst is one of the most bearish Tesla analysts on Wall Street, with a “sell” rating and $ 210 price target — 40% below […]

Musk tweets he's working with Goldman Sachs, Silver Lake & others to take Tesla private

Tesla CEO Elon Musk has tweeted news that he’s working with buyout firm Silver Lake and investment bank Goldman Sachs, among a host of other firms, in a bid to take the company private. “I’m excited to work with Silver Lake and Goldman Sachs as financial advisors, plus Wachtell, Lipton, Rosen & Katz and Munger, […]

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

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 […]

Elon Musk says Saudi fund on board to take Tesla private

[unable to retrieve full-text content] Filed under: Earnings/Financials,Government/Legal,Green,Tesla That contradicts a report that Saudi Arabia’s sovereign investment fund has no interest. Continue reading Elon Musk says Saudi fund on board to take Tesla private Elon Musk says Saudi fund on board to take Tesla private originally appeared on Autoblog on Mon, 13 Aug 2018 11:30:00 […]

China's New Rules Spark Private Equity Collapse

Chinese alternative asset managers have become the latest casualty of the country’s crackdown on debt and financial risk, with a record number of private equity and hedge funds dissolving in recent months as new regulations limit their fundraising. In the first six months of this year, the Asset Management Association of China (Amac) — a […]

You Can Now Take Delivery of a $5.25 Million Private Jet from Honda

You Can Now Take Delivery of a $ 5.25 Million Private Jet from Honda Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they […]

There’s a big problem with Elon Musk’s plan to take Tesla private

Enlarge / Elon Musk. (credit: Chris Saucedo/Getty Images for SXSW) When I asked University of Arizona legal scholar William Sjostrom about the way Elon Musk announced his plan to take Tesla private, he was scathing. “A securities attorney would say ‘what the hell are you doing?’” Sjostrom told me on Wendesday. When making a big, market-moving announcement, […]

U.S. SEC examining Musk's tweets on taking Tesla private

[unable to retrieve full-text content] Filed under: Government/Legal,Tesla U.S. regulators are asking Tesla Inc why Chief Executive Elon Musk announced his plan to take the electric carmaker private on Twitter and whether his statement was truthful, the Wall Street Journal reported on Wednesday. Musk announced his plan on his personal Twitter account on Tuesday, and […]

A couple reasons why Elon Musk could actually pull off his wild plan to take Tesla private (TSLA)

Kiichiro Sato/AP Elon Musk’s plan to take Tesla private has generated a lot of buzz, and it has been met with a lot of skepticism.  But there are several reasons why he might actually be able to pull off the deal. He’s got a few things going for him, including a market with mountains of […]

‘A private life is a happy life’: Here’s what Wall Street is saying about Tesla’s plan to leave the stock market (TSLA)

Mark Brake/Getty Images Tesla laid out an unprecedented plan to go private at $ 420 per share on Wednesday, sending Wall Street into a flurry. Shares skyrocketed more than 10% following the announcement, which came as a cryptic tweet.  When it comes to the specifics of the potential news, Wall Street has more questions than answers […]