Detailed text transcripts for TV channel - FOXNEWS - 20180825:22:54:00
Company. musk also says he consulted investment firms goldman sachs, morgan stanley and silver lake. the ceo's august 7th tweet said tesla would pay 420 bucks a share to buy out shareholders and take the company private. now that was a 23% premium over the prior day's closing price and would have valued the company at 72 billion dollars. that tweet said musk had secured funding for the deal which would relieve tesla from the short-term pressures of reporting quarterly results. and later, musk said he only expected one third of shareholders to take that deal. the result, tesla's stock roared up...