Why Elon Musk's 'Funding Secured' Statement Matters to the SEC

993 views · Published 8 August 2018 · 0:58 · Indexed 19 October 2026

Channel: Bloomberg Television · 2018 · News & Politics

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Aug.08 -- Tesla Inc. Chief Executive Officer Elon Musk tweeted on Tuesday, "Am considering taking Tesla private at $420. Funding secured." Bloomberg's Ben Bain looks at why the U.S. Securities and Exchange Commission will be looking at the funding for a potential move to take the company private. He speaks on "Bloomberg Markets: The Open."

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