Tesla CEO Musk taunts short sellers amid legal scrutiny
13 Août, 2018, 09:17 | Auteur: Auguste Feret
The sovereign wealth fund of Saudi Arabia is exploring a way to be a part of taking Tesla private, a Bloomberg report states.
Investors and analysts viewed PIF as a natural financing partner. The Saudi fund hasn't made any firm decisions on whether to increase its stake, or by how much, but talks are ongoing, sources told Bloomberg.
In turn, the fund bought almost US$2 billion (NZ$3 billion) worth of Tesla shares on the market with the help of an investment bank, building up a stake just short of 5 per cent in the company.
Pressure is mounting on Musk to produce details of his financing plan.
Reuters reported on August 11 that the PIF has shown no interest so far in financing Musk's proposed deal, while CNBC said on August 9 that Musk previously talked with the Saudi fund about a take-private deal, citing one person familiar with the matter. Tesla did not respond to a request for comment.
Fuyant la police, il se réfugie à la DGSE
Le lieu, surnommé la "piscine" et popularisé par la série "Le bureau des légendes", est hautement protégé, classé secret-défense. Il a immédiatement été interpellé et remis au commissariat du XIXe arrondissement où il a été placé en garde à vue.
According to Reuters, the separate lawsuits by Kalman Isaacs and William Chamberlain accuse Tesla and Musk of issuing statements that are in violation of securities law, artificially boosting the stock price, and putting a squeeze on short sellers.
Tesla is facing a make-or-break moment in its eight-year history as a public company, as competition from European automakers is poised to intensify with new electric vehicles from Mercedes, Audi, BMW and other rivals.
Musk argued any such move would protect the company from swings in the stock market, and improve Tesla's ability to think long term, as opposed to chasing quarterly targets. Discussions began before the controversial August 7 tweet by Musk, who is Tesla's co-founder and chief executive officer, saying he was weighing a plan to take the company private.
Public Investment Fund of Saudi Arabia was founded to invest on behalf of the government.
Musk has also said he would be looking to keep his ownership of Tesla at around 20 percent in a buyout deal, and that a special goal vehicle, like the one that exists at his aerospace company SpaceX, would allow Tesla shareholders to remain invested if they so choose.
However, the deal structure would come with big logistical and legal challenges when it comes to buying out smaller shareholders, analysts have said.
No shots were more important than a four-hole stretch he played in 2 over that turned Sunday into what could be a free-for-all. He made a sloppy par at the par-5 17th but was still in cruise control as Scott missed a short birdie putt to move within one.
Les orages s'accompagneront alors de fortes rafales de vent de l'ordre de 80 à 100 km/h, et même au-delà localement. Une dégradation orageuse se généralisera par les Pyrénées, et débordera rapidement vers les plaines.
Several journalists, including an Austrian public television ORF cameraman, said they were attacked with tear gas by riot police. People shine the lights of their mobile phones during a protest outside the government headquarters in Bucharest .
Going forward, things were made particularly hard for him by the absence of a natural left-back to lend him support. Manchester City kicked off the defence of their title with a classy 2-0 victory over Arsenal on Sunday afternoon.
But on Saturday experts confirmed she had dropped the calf. "Her tour of grief is now over and her behavior is remarkably frisky". But by the time a team from the Centre for Whale Research arrived to take pictures of the newborn, it sadly was no longer alive.
CNPC has been active in Iran since 2004, operating in oil, gas and oil-field services, according to the company's website. Terms of the contract have not yet officially changed, though, according to Shana, the oil ministry's official news site.
On Friday the currency dropped as much as 18% at one point, the biggest one-day fall since a 2001 financial crisis in Turkey. The dollar eased against the safe haven yen to 110.65, but was a shade firmer against a basket of currencies at 96.388.
Broncos S Jamal Carter (hamstring), CB Marcus Rios (hip) and TE Austin Traylor (right shoulder) got hurt. Thomas caught two touchdowns, including this 78-yard screen pass from quarterback Trevor Siemian.
Manchester City English Premier League opening weekend featured match in the video below, courtesy of NBC Sports . It seemed the goal might open the floodgates, but Cech was in solid form and kept the score down to just one.
Caspian states sign landmark legal status convention
The legal status of the Caspian Sea has remained unresolved for almost 30 years since the collapse of the Soviet Union in 1991. Under this binding legislation, any country can access the natural resources in the ocean.
Tsitsipas défiera Nadal en finale — Toronto
Nadal décroche par ailleurs le 33e Masters 1000 de sa carrière, record absolu dans cette catégorie de tournoi. C'est la quatrième fois que Nadal s'impose sur le ciment canadien après des succès en 2005, 2008 et 2013.
What Brooks Koepka said after winning the 2018 PGA Championship
Woods and Koepka played nine holes of a practice round on Wednesday, and the 14-time major champion knew what he was up against. Eastern tee time, begins the day at 8-under and is one of 10 golfers within range of Brooks Koepka , the leader at 12-under.
New changes announced for upcoming Oscars ceremonies
The biggest Academy Awards audience on record came in 1998 when the blockbuster " Titanic " was named best picture. In 2009, it expanded the number of best picture nominees from five to 10 in a bid to open up the competition.
Unai Emery confirms new Arsenal captain
Manchester City and Arsenal faced off in the final fixture of the opening game week of the new Premier League season as Unai Emery was pitted against Pep Guardiola in his first ever competitive game as Arsenal manager.