Tech

Elon Musk Reportedly Still Looking For Funding To Take Tesla Private

7 monthes ago   |   By Ubergizmo

Elon Musk recently took Tesla's shareholders and the market by surprise when he tweeted that he's considering taking Tesla private at $420 per share. He also mentioned in the tweet that funding for this endeavor has been secured. However, a new report claims that Musk is still working to bring in sufficient financial support for this transaction which is expected to cost at least $50 billion.
Tesla, under its CEO Elon Musk, is reportedly looking for finding from a wide range of investors so as to prevent a concentration of ownership. Bloomberg reports that discussions are in early stages...
Read more ...

 


Search by Tags

   Tech      Security      Deals      Deal      General      Elon musk      Tesla  


What you need to know about Apple's second-generation AirPods

What you need to know about Apple's second-generation AirPods

Apple's second-generation AirPods are official! Here's everything you need to know. Whether you're someone who fell in love with the original AirPods during their initial... Read more ...

Google's AI lets you make music that sounds like Bach

Google's AI lets you make music that sounds like Bach

Google's latest Doodle uses artificial intelligence to let you create a harmonious melody in the style of Johann Sebastian Bach. Read more ...

Should you get the new iPad Air over the Surface Go?

Should you get the new iPad Air over the Surface Go?

We've been using iPads and Surfaces since each of them first came into the world, and we love both for different reasons. If you're trying to decide between the new iPad Air... Read more ...

Apple releases new Pink Sand iPhone XS Smart Battery Case option

Apple releases new Pink Sand iPhone XS Smart Battery Case option

About time, Apple! Alongside new AirPods , Apple released a bunch of new color options for its most popular iPhone and Apple Watch accessories, including a new iPhone XS Smart... Read more ...

Nate Mitchell interview - Why Facebook built the Oculus Rift S headset for...

Nate Mitchell interview - Why Facebook built the Oculus Rift S headset for the PC

Oculus cofounder Nate Mitchell talks to Dean Takahashi of GamesBeat about how the company decided to make the Oculus Rift S PC headset. Read more ...

Huawei P30 Pro Amazon pricing, release date, and further press renders leak...

Huawei P30 Pro Amazon pricing, release date, and further press renders leak ahead of launch

The Huawei P30 and P30 Pro launch is merely days away, but we're getting a solid drip feed of leaked press renders and now Amazon pricing. more... Read more ...

Find the perfect temperature with $20 off the ecobee3 lite smart thermostat

Find the perfect temperature with $20 off the ecobee3 lite smart thermostat

A worthy upgrade to your home. Amazon currently has the popular ecobee3 lite smart thermostat on sale for just $149, which is a full $20 savings from its usual $169 price. That... Read more ...

Virgin's £7 p/m SIM only deal is the best cheap SIMO around - but not for long

Virgin's £7 p/m SIM only deal is the best cheap SIMO around - but not for long

When it comes to SIM only deals, the market has been inundated with brilliant big data options for weeks now. While we've had affordable options on 100GB, commitment-free... Read more ...

T-Mobile Offering iPhone XR at No Extra Cost When Adding New Lines and...

T-Mobile Offering iPhone XR at No Extra Cost When Adding New Lines and Trading in Old iPhone

T-Mobile kicked off a new promotion today that lets new and existing customers get the 64GB iPhone XR at no extra cost when they add new voice lines and trade in a qualifying... Read more ...

Satechi Launches New USB-C Headphone Jack Adapter and 100W USB-C Charging Cable

Satechi Launches New USB-C Headphone Jack Adapter and 100W USB-C Charging Cable

Satechi, known for its line of accessories for the iPhone, iPad , and Mac, today announced the launch of two new USB-C accessories designed for Macs and iPads. The Type-C... Read more ...