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Elon Musk, SEC to take time to resolve..


Elon Musk, SEC to take time to resolve..

McLaren
As the Tesla Inc. go-private saga enters its ninth day, many are wondering when regulators will decide whether Elon Musk broke the rules by dripping out details so haphazardly.
History suggests it might take a while.
At the center of the Tesla controversy is what Musk meant when he tweeted Aug. 7 that he had secured funding for a buyout without providing any specifics to back up the claim. Almost a week later he said his confidence was based on conversations with a Saudi Arabian sovereign wealth fund, which had long expressed interest in taking the company private.

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Auto News

  • Saturday 18-May-24


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2021 Lexus LX 570

  • Feb 12, 2021
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Mazda's Largest 2021 Models Carbon Edition

  • Jan 25, 2021
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BMW 8 Series Golden Thunder edition

  • Dec 12, 2020
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Ford and Robot Dogs

  • Dec 11, 2020
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Auto Accessories II

  • Dec 10, 2020
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New Grand Wagoneer

  • Oct 5, 2020
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Inside Mazda

  • Sep 14, 2020

Other News

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Gender Reveal Burnout in Australia

  • Dec 7, 2018

The couple from Meningie, which is around 100 miles south of Adelaide (which is about eight hours north of Melbourne), thought it would be a good idea to slap some special tires on their Ford Falcon to illustrate the upcoming child’s gender. While this seems like a fairly standard way to handle a gender reveal, the car’s tires burst into flame during the burnout........

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14 Cars That Are Better Without a Manual Gearbox

  • Sep 5, 2018

A case could be made that the AMG GT deserves a manual, but the hardcore R version is best left with a dual-clutch...

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Junior's Auto Repairs

Hyundai, Kia, Arrival, electric delivery vans

  • Mar 10, 2020

Arrival was founded in 2015 and has 800 employees, but until now has been in “stealth mode,” revealing little about its business model or plans. But this deal is a sign it has been doing something right, says Michael Harley...

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