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Tesla News: TSLA Drops In Early Trading After Abandoning Privatization Plans

Wall Street reacted on Monday to Tesla abandoning plans to go private.

Burning Man 2018: History, Facts About The Countercultural Festival

The festival, which is expected to draw thousands of people, began in 1986 on Baker Beach near San Francisco.

Tesla CEO 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.

Analysts Give Tesla Model 3 Poor Score In Build Quality

A group of analysts from UBS found that the Tesla Model 3 electric car has some construction problems.

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Tesla Forms Three-Member Panel To Look At Any Musk Deal

Tesla Inc.’s board named a special committee of three directors on Tuesday which will evaluate Elon Musk’s proposals to take the company private, although it said it was yet to see a firm offer from the company’s chief executive.

Elon Musk Clarifies Funding Claim, Says Saudi PIF Interested For Two Years

Tesla CEO Elon Musk clarified his claim that he had secured funding for privatization, saying the Saudi Arabian government has expressed interest for two years.

Tesla's Slow Disclosure Raises Governance, Social Media Concerns

Musk provided no details of his funding and as of Thursday Tesla's board had not received a financing plan from Musk, leaving investors and the broader market clamoring for more information.

Saudi Arabia's PIF Has Shown No Interest In Bankrolling Tesla Buyout: Reuters

Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc. CEO Elon Musk’s proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said.

Lawsuits Accuse Tesla's Musk Of Fraud Over Tweets, Going-Private Proposal

Tesla Inc and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk’s proposal to take the electric car company private.

Former Tesla Supervisor Returns To Apple, Fueling New Project Titan Rumors

Doug Field is back at Apple after a stint at Tesla, renewing rumors of the Apple Project Titan vehicle plan.

Tesla Board May Ask Elon Musk To Recuse Himself From Privatization Process

CEO and chairman of Tesla, Elon Musk, made a surprising proposal Tuesday on his Twitter account to take the electric car manufacturer private, at a valuation of roughly $71 billion.

SEC Looking Into Legality Of Elon Musk's Tesla Privatization Announcement

The Securities and Exchange Commission is reportedly evaluating Tesla CEO Elon Musk's tweets about going privat.

Musk's Tesla Buyout Plan Could Test Wall Street's Nerves

Pointing to the rate at which Tesla is burning through cash, analysts and investors were skeptical that lenders would be willing to finance what would likely be the largest leveraged buyout in U.S. history.