Elon Musk, SEC to take time to resolve..
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.
Filed under: Volvo,Automotive History,Wagon,Performance,Classics
Continue reading Junkyard Gem: 1994 Volvo 850 Turbo Wagon
Junkyard Gem: 1994 Volvo 850 Turbo Wagon originally appeared on Autoblog on Sat, 18 May 2024 16:00:00 EDT. Please see our terms for use of feeds.
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If we're ever in Norway, we know where we're staying. Vintage Volkswagen vans are all the rage right now, but people often forget the lovable old L 319 from Mercedes-Benz. It was later rebranded as a range of models from L 405 through L408, but this particular L 406 from 1968 is special....
Last week was a difficult one for Tesla. After the carmaker waged a public war of words with federal safety regulators, CEO Elon Musk picked a Twitter fight with a magazine and may have improperly revealed financial information.
