Funds run by BlackRock Inc voted in favor of a recent shareholder proposal that would have required Tesla Inc to replace Elon Musk with an independent chairman.
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Super appreciate free concert for Tesla during this intense time!
“It’s been a thought of mine for a few years now that I would love to do a free concert for the employees at the Fremont factory. I am a huge fanatic and supporter of everything @Tesla has been doing since day one.” – #JackWhite
Jack White Stages Free Concert for Tesla Employees at California Plant
(18.8.2018) Jack White staged a private concert for Tesla workers Friday at the electric-car manufacturer’s plant in Fremont, California, where the rocker also test drove an upcoming Tesla model.
Tesla Factory Tour with Elon Musk!
Walking and talking through the Tesla factory Part 1 Interview:
Behind-the-scenes with TLD:
Can Tesla survive as a public company?
The Fast Money traders discuss Tesla’s huge reversal today, ending the session higher after being down as much as 5 percent.
Saudi Arabia Might Not Fund Elon Musk’s Take-Tesla-Private Plans After All
In August alone the entrepreneur has become the subject of an SEC investigation, made a dubious Twitter announcement about taking his company Tesla private, and gave a teary interview to the New York Times, causing Tesla shares to plummet.
Now it looks like the Saudi Arabian sovereign wealth fund, the main candidate to take Tesla private, might actually invest in a Tesla rival instead.
Update on Taking Tesla Private
(13-8.2018) I left the July 31st meeting with no question that a deal with the Saudi sovereign fund could be closed, and that it was just a matter of getting the process moving. This is why I referred to “funding secured” in the August 7th announcement.
Saudi Arabia’s sovereign wealth fund pushed to take Tesla private for two years, Elon Musk claims
(13.8.2018) However, Mr Musk said the managing director of the Saudi fund has expressed support since his tweets.
Here’s Why JP Morgan Reversed Course On Tesla
In the course of just under two weeks, J.P. Morgan’s Tesla analyst Ryan Brinkman increased his price target for Tesla from $195 to $308 and then reversed course back to $195 this morning, all while keeping an underweight rating.
Look at the relief from @elonmusk on the @SpaceX livestream – you can tell how important this first #Block5 mission was to him
Elon Musk whining on Twitter but admitting SpaceX and Tesla were started with $4.9 billion in public funds that he grifted while cutting the public out of all decision-making and profit was a nice surprise. America = subsidize the rich, privatize profits
Sorry Elon Musk, there’s no clear evidence Autopilot saves lives
Tesla has also claimed that its cars have a crash rate 3.7 times lower than average, but as we’ll see there’s little reason to think that has anything to do with Autopilot.