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|Musk still talking to Saudi fund, others as he seeks buyout financing|
Added: 13.08.2018 20:08 | 16 views | 0 comments
Tesla Inc Chief Executive Elon Musk said on Monday a July 31 meeting with Saudi Arabia's sovereign wealth fund convinced him he could secure funding to take the electric car-maker private, but that he was still talking to the fund and other investors as he seeks to nail down financing.
|Elon Musk says Saudi interest sparked effort to take Tesla private|
Added: 13.08.2018 18:40 | 11 views | 0 comments
Elon Musk elaborated on what precipitated his effort to take Tesla private, portraying the interest that Saudi Arabia's sovereign wealth fund has shown in the electric-car maker as key to the gambit.
|Egypt voices concern over Red Sea security after Houthi attack|
Added: 13.08.2018 18:27 | 5 views | 0 comments
Egypt's president said on Monday Cairo was deeply concerned about security in the Red Sea following an attack by Yemen's Houthis on two oil tankers that forced Saudi Arabia to suspend crude shipments temporarily through the strait of Bab al-Mandab.
|Homo erectus Were Technologically Conservative, Used Least-Effort Strategies, Researchers Say|
Added: 13.08.2018 18:22 | 14 views | 0 comments
Archaeological excavations at the Acheulean site of Saffaqah near Dawadmi in central Saudi Arabia have found that Homo erectus, an extinct hominid species that lived between 1.9 million and 143,000 years ago, used ‘least-effort strategies’ for tool making and collecting resources. “This ‘laziness’ paired with an inability to adapt to a changing climate likely played [...]
|'Extremist' ringleader of New Mexico compound previously tested positive for explosives, ex-cop says|
Added: 13.08.2018 18:12 | 7 views | 0 comments
The son of a New York City imam -- who was allegedly training school shooters at a decrepit New Mexico compound -- once tested positive for an explosive residue before a flight to Saudi Arabia three years after 9/11, but he was never detained, according to a retired police officer.
|Musk says talking to Saudi fund, others on Tesla buyout|
Added: 13.08.2018 16:56 | 5 views | 0 comments
Tesla Inc Chief Executive Elon Musk said on Monday he was in discussions with Saudi Arabia's sovereign wealth fund and other potential backers of his plan to take the electric car-maker private, but said financing was not yet nailed down.
|Elon Musk defends his 'funding secured' tweet to take Tesla private|
Added: 13.08.2018 16:17 | 20 views | 0 comments
Elon Musk defended his unusual move to announce by tweet that he intends to take Tesla private.
In a blog post on Monday the chief executive of Tesla said that the Saudi Arabian sovereign wealth fund offered to fund taking the all-electric automaker private during a meeting on July 31. "I left...
|Musk says Saudi fund supports Tesla buyout, talks continue|
Added: 13.08.2018 16:16 | 19 views | 0 comments
Tesla Chief Executive Elon Musk said on Monday he was still in talks with potential backers of a possible buyout of the company, including Saudi Arabia's sovereign wealth fund, but had not completed securing the funding.
|Musk says Saudi fund pushed for two years to take Tesla private|
Added: 13.08.2018 15:16 | 6 views | 0 comments
Saudi Arabia's sovereign wealth fund has been pushing to take electric carmaker Tesla private in talks with Chief Executive Elon Musk dating back nearly two years and also backed the deal last week, Musk said in a blog post on Monday.
|Saudi cuts oil output as OPEC points to 2019 surplus|
Added: 13.08.2018 13:16 | 5 views | 0 comments
OPEC on Monday forecast lower demand for its crude next year as rivals pump more and said top oil exporter Saudi Arabia, eager to avoid a return of oversupply, had cut production.
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