1. Tesla board waits for Musk’s plan to go private as Saudi Arabia stays silent

    Tesla board waits for Musk’s plan to go private as Saudi Arabia stays silent

    Tesla Motors More Tesla co-founder and CEO Elon Musk turned Wall Street on its head when he unexpectedly announced he had the funding required to take the firm private. He was completely serious, and not every member of the company’s board of directors is pleased with the idea. The board has formed a three-person committee and appointed a legal counsel to closely examine any proposal to take Tesla private — if it ever receives one.

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