Tesla shares fall again on doubts about go-private deal

Tesla shares fall again on doubts about go-private dealTesla Motors dropped in early trading on Monday due to rising doubts about Chief Executive Elon Musk’s plans to take the electric carmaker private. Shares fell 2.6 percent to $297.55 about 20 minutes into trading, continuing the company’s downward trajectory after Musk surprised markets on August 7 by announcing on Twitter he wanted to take Tesla private. Musk said at the time he planned to take Tesla private at $420 a share.


Source: Yahoo! News

Tesla nears 3-month low as JPMorgan adds to deal doubts

Tesla nears 3-month low as JPMorgan adds to deal doubtsSlashing its price target for Tesla Inc from $308 to $195, the brokerage said it did not believe Chief Executive Officer Elon Musk had funds for a plan announced by a tweet that said “funding secured” two weeks ago. Analysts from the U.S. bank had upped its forecast from $198 to $308 after a roughly $100 surge in Tesla stock following Musk’s tweets on Aug. 7 and the note on Monday was the latest evidence of scepticism about the deal on Wall Street. People familiar with the matter said on Sunday that PIF, the Saudi Arabian sovereign wealth fund that Musk says had been pressing to help fund the buyout, is in talks to invest in aspiring Tesla rival Lucid Motors Inc.


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Tesla shares turn lower as doubts grow about Musk's going-private plan

  1. Tesla shares turn lower as doubts grow about Musk’s going-private plan  MarketWatch
  2. Elon Musk Says Meetings With Saudis Preceded Tweet on Taking Tesla Private  New York Times
  3. Elon Musk reveals what he meant by his ‘funding secured’ tweet  Business Insider
  4. Update on Taking Tesla Private | Tesla  Tesla
  5. Saudi Fund in Talks to Invest in Tesla Buyout Deal  Bloomberg
  6. Full coverage


Source: Google News

'I don't believe them': Trump doubts sexual abuse accusers and sides with an ally — again

  1. ‘I don’t believe them’: Trump doubts sexual abuse accusers and sides with an ally — again  Washington Post
  2. Fourth Ohio State wrestler claims Jordan knew about sexual abuse  The Hill
  3. Trump defends Jim Jordan: ‘I believe him’  Politico
  4. Powerful GOP Rep. Jim Jordan accused of turning blind eye to sexual abuse as Ohio State wrestling coach  NBCNews.com
  5. Trump says he doesn’t believe allegations against Jim Jordan; new victim emerges  The Columbus Dispatch
  6. Full coverage


Source: Google News

Pompeo to head to North Korea as doubts mount about its intentions

Pompeo to head to North Korea as doubts mount about its intentionsBy David Brunnstrom and Jeff Mason WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo will leave for North Korea on Thursday seeking agreement on a plan for the country’s denuclearization, despite mounting doubts about Pyongyang’s willingness to abandon a weapons program that threatens the United States and its allies. In announcing Pompeo’s travel plans on Monday, White House spokeswoman Sarah Sanders said the United States was “continuing to make progress” in talks with North Korea.


Source: Yahoo! News