Originally launched as a Kickstarter, the floating DeLorean was built by a San Fransisco gentleman by the name of Matthew Riese. Since he first crafted the vehicle, which is a hand-made lookalike fiberglass and styrofoam shell on top of an original blueprint for a Universal Hovercraft UH-13P, Riese has continually improved upon the....
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Elon Musk, SEC to take time to resolve..
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.
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