Exclusive: Tesla’s board seeking more information on Musk’s financing plan – sources


(Reuters) – Tesla Inc’s (TSLA.O) board has not yet received a detailed financing plan from CEO Elon Musk, and is seeking more information about how he will take the U.S. electric car maker private in a proposed deal worth $72 billion, people familiar with the matter said on Thursday.

While Tesla’s board has held multiple discussions about Musk’s proposal, which first became public on Tuesday, it has not yet received specific information on who will provide the funding, one of the sources said.

Tesla declined to comment.

Musk, a 47-year-old investor and engineer, stunned financial…



Read More Here

Be the first to comment on "Exclusive: Tesla’s board seeking more information on Musk’s financing plan – sources"

Leave a comment

Your email address will not be published.


*