10 AUG

Tesla board is reportedly in the dark about buyout—that’s not normal

Tesla’s board of directors is gearing up to consider Elon Musk’s plan to take the electric carmaker private. But yesterday afternoon—more than two days after Musk’s original tweet announcing the proposal—Tesla’s board still hadn’t been told who would pay for the deal, Reuters has reported.

The board “has not yet received specific information on who will provide the funding,” a source told Reuters.

It’s the latest sign of how deeply unconventional Musk’s take-private plan is.

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Post Author: martin

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.