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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Tesla won’t be able to capitalize on the popular compact crossover segment until November 2019. That’s when the automaker intends to start production on the Model Y, according to a new report.

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