Panasonic Will Survive Its Tesla Codependency

Panasonic Will Survive Its Tesla Codependency

By Anjani Trivedi | Bloomberg August 17 at 1:35 AM If you’ve been tied to the hype around Tesla Inc., it can feel difficult to untether. But Panasonic Corp., one of the carmaker’s longest-standing associates and the world’s largest supplier of electric-car batteries, is showing how the perils of a relationship could outweigh the benefits. This week, Panasonic said Tesla…

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Elon Musk says he’s working with Goldman Sachs and Silver Lake on taking Tesla private

Elon Musk says he’s working with Goldman Sachs and Silver Lake on taking Tesla private

CNBC reported last week that the Tesla board planned to meet with financial advisers this week to formalize a process to explore Musk’s proposal. The board is also likely to ask Musk to recuse himself from the decision, people familiar with the discussions said. The Tesla board had already met “several times” to discuss the…

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Musk points to Saudis for ‘funding secured’ tweet in taking Tesla private

Musk points to Saudis for ‘funding secured’ tweet in taking Tesla private

Elon Musk is clearing up questions around taking Tesla private, saying his claim last week that the necessary funding had been secured was based on repeated and ongoing conversations with the Saudis. “Going back almost two years, the Saudi Arabian sovereign wealth fund has approached me multiple times about taking Tesla private,” Musk said in…

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Exclusive: Saudi Arabia’s PIF has shown no interest in bankrolling Tesla buyout

DUBAI/RIYADH/LONDON (Reuters) – Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc (TSLA.O) CEO Elon Musk’s proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said. FILE PHOTO: FILE…

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I just drove the $78000 high-performance Model 3 — here’s why it’s my new favorite Tesla

I just drove the $78000 high-performance Model 3 — here’s why it’s my new favorite Tesla

I’ve driven every Tesla the company has built, and my longtime favorite is the original Roadster, no longer in production. Well, it was my favorite. That honor now goes to the P3D. Everything about this car is what the driver of the future wants — the studiously minimalist interior, the omnipresent technology, the refreshing absence…

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