Tesla is reportedly in early discussions with investors about funding to go private (TSLA)

elon musk

  • Tesla is in early discussions with some potential investors about the possibility of taking the company private, Bloomberg reports.
  • According to the publication, the company is looking for a number of investors, rather than seeking a few, large stakeholders.
  • The report appears to contrast with tweets from Tesla CEO Elon Musk on Tuesday, in which he said funding to take the company private was “secured” and indicated that a shareholder vote was the final step needed to finish a deal.
  • According to Bloomberg, sources close to 16 financial firms and technology companies were not aware of backing that was arranged before Musk sent his first tweet.

Tesla is in early discussions with some potential investors about the possibility of taking the company private, Bloomberg reports.

According to the publication, the company is looking for a number of investors, rather than seeking a few, large stakeholders. Tesla has begun discussions with some potential investors and is talking with banks about the whether it will be able to make a deal and what that deal might look like,

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