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Tesla board seeking more information from Elon Musk on who's funding buyout plan: sources

Fri, Aug 10, 2018 – 8:50 AM

[SAN FRANCISCO] Tesla Inc’s board has not yet received a detailed financing plan from CEO Elon Musk, and is seeking more information about how he will take the US electric car maker private in a proposed deal worth US$ 72 billion, people familiar with the matter said on Thursday.

While Tesla’s board has held multiple discussions about Mr Musk’s proposal, which first became public on Tuesday, it…
The Business Times

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