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Elon Musk's Tesla buyout would reengineer take-private deals

Musk announced on Twitter on August 7 that he was considering taking Tesla private for $420 per share, or $72 billion.

8 Aug 2018 1:40 PM IST

The sun shines off the rear deck of a roadster on a Tesla dealers lot in the south Denver suburb of Littleton, Colo. (AP Photo/David Zalubowski, File)

Tesla shares soar as investors embrace positive cash comments

The stock added about $6.27 billion in market capitalization and gave the company a valuation of $57.35 billion.

3 Aug 2018 8:45 AM IST

Musk bid for Tesla: no formal offer, no firm deals with advisers

The board announced the move in Tesla's first filing with regulators.

15 Aug 2018 3:35 PM IST

The rating for the Model 3, which is lower priced than earlier Tesla models and aimed at giving the Silicon Valley automaker mass market appeal, was part of magazines annual survey of new vehicle reliability.

Musk says Saudi fund supports Tesla buyout, talks continue

Tesla Chief Executive Elon Musk said on August 13 he was still in talks with potential backers of a possible buyout of...

13 Aug 2018 8:20 PM IST

The sun shines off the rear deck of a roadster on a Tesla dealers lot in the south Denver suburb of Littleton, Colo. (AP Photo/David Zalubowski, File)

Deal-hungry investment bankers walk Tesla tightrope

Tesla could earn $90 million to $120 million in fees, while advisers to Musk's investor group would earn $30 million to...

22 Aug 2018 11:25 AM IST

Twitter had 335 million monthly users in the quarter, below the 339 million Wall Street was expecting. (Photo: Pixabay)

Twitter troubles

The entrepreneur with a stake in the space race is also a thought leader in new technologies.

21 Aug 2018 12:31 AM IST

Electric car maker Teslas CEO Elon Musk gives the opening keynote at the SXSW Interactive Festival in Austin, Texas. (AP Photo/Jack Plunkett, File)

Elon Musk says cutting back on work hours isn't an option

Musk has admitted in a wide-ranging interview that stress is taking a heavy toll in what he calls an excruciating...

20 Aug 2018 11:06 AM IST

SpaceX is working on a version of its Dragon capsule that will carry crew to the space station, perhaps as early as next year (Photo: AFP)

SpaceX could help fund take-private deal for Tesla

Musk said that the manager of Saudi Arabia's sovereign wealth fund had voiced support for the company going private.

18 Aug 2018 9:10 AM IST

Tesla CEO Elon Musk listens as President-elect Donald Trump speaks during a meeting with technology industry leaders at Trump Tower in New York. (Photo: AP)

Tesla stock fall after Musk gives tearful interview

Tesla stock was on track for its biggest daily slump in two years as Wall Street questioned Musk's ability to lead the...

18 Aug 2018 7:57 AM IST

Tesla CEO Elon Musk listens as President-elect Donald Trump speaks during a meeting with technology industry leaders at Trump Tower in New York. (Photo: AP)

Tesla's German shares fall after CEO Musk drops plan to take company...

Musk said late on August 24 he would heed shareholder concerns and no longer pursue a $72 billion deal to take the...

27 Aug 2018 2:12 PM IST

The sun shines off the rear deck of a roadster on a Tesla dealers lot in the south Denver suburb of Littleton, Colo. (AP Photo/David Zalubowski, File)

Tesla to remain public, board says, after meeting with Musk

Tesla will continue to focus on building products such as the Model 3 which Musk intends to ramp up and make profitable,...

26 Aug 2018 8:13 AM IST

Electric car maker Teslas CEO Elon Musk gives the opening keynote at the SXSW Interactive Festival in Austin, Texas. (AP Photo/Jack Plunkett, File)

Elon Musk drops pursuit of $72 billion take-private deal

The decision leaves Tesla as a publicly listed company but raises new questions about its future.

25 Aug 2018 5:37 PM IST