Tesla directors: 'No formal proposal' to take company private

Tesla directors: 'No formal proposal' to take company private

He said that since his Twitter posts on the possibility of a deal the managing director of the Saudi fund had expressed support for proceeding subject to financial and other due diligence.

Meanwhile, Banks' Instagram stories from last night continued to rail on the couple, calling Musk both a "mutant" and a "caveman" with "pork skin" and adding that this is "the last time I try working with a white bitch".

The SEC is looking into whether Musk's initial announcement broke a rule preventing public companies from announcing such major financial plans if they don't intend to see them through, don't have financing secured, or are blatantly trying to manipulate the stock price. She also wondered whether Grimes didn't want to collaborate at all, speculating that the trip was "probably some weird threesome sex shit to begin with". "He was stressed and red in the face". Silver Lake declined to comment.

Shares of Tesla slipped $3.15, or less than 1 percent, to $353.26 in early trading Tuesday.

Tesla founder Elon Musk has confirmed that he is closely working with Goldman Sachs and private-equity firm Silver Lake to take the electric carmaker private - a deal that would need almost $70 billion in funding. Reuters, citing a source, reported after the tweet that Silver Lake was not discussing participating as an investor in the deal and "was offering its assistance to Musk without compensation and had not been hired as a financial adviser in an official capacity".

Additionally, Musk and Tesla are being sued by investors who claim the plan to go private was part of a "fraudulent scheme" to punish short-sellers, or investors who borrow stock in a company with the hope shares will fall.

Turkish economy is solid, strong: President Erdogan
More than a third of Turkish banks' lending is in foreign currencies, according to Reuters . The fear is of a full-blown emerging market crisis.

The chief executive of the electric vehicle company said earlier on Monday that the manager of Saudi Arabia's sovereign wealth fund had voiced support for the company going private several times, including as recently as two weeks ago, but also said that talks continue with the fund and other investors.

Musk attempted to clear up his tweets in the blog post Monday.

'They first met with me at the beginning of 2017 to express this interest because of the important need to diversify away from oil.

The board had confirmed earlier this month that it had "met several times over the last week" to discuss going private.

In 2016, accused Beyoncé on Twitter of stealing from other artists, while in June this year, she was kicked off Twitter for insulting RuPaul's Drag Race contestant Monet X Change.

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