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Browse: Home / 2018 / August / 27 / Elon Musk hires Morgan Stanley, closing book on ‘funding secured’

Elon Musk hires Morgan Stanley, closing book on ‘funding secured’

By Securities Docket on August 27, 2018, 9:14 am

Tesla CEO Elon Musk’s hiring of Morgan Stanley this week is just a small step in his ongoing quest to take Tesla private.

But it has a larger, more damning implication: he probably didn’t have funding secured, even in the most loose sense of the phrase.

via Elon Musk hires Morgan Stanley, closing book on ‘funding secured’.

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Posted in Industry, SEC, Top | Tagged Going private, Tesla

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