Preloader logo

Musk says Saudi fund wants to take Tesla private, justifying his ‘funding secure’ tweet

Elon Musk says his claim last week that the necessary funding had been secured was based on repeated and ongoing conversation with the Saudi Arabian sovereign wealth Fund. The take-private tweet may have violated an SEC rule about public announcements. The take-private  tweet may have violated an SEC rule about public announcements . musk says he felt it was to inform all Tesla shareholders of his desire to go private.