Friday, 17 August, 2018

Elon Musk says he's considering taking Tesla private

Rhonda Young | 07 August, 2018, 20:39

Elon Musk is considering taking Tesla Inc private, the electric auto maker's chief executive tweeted on Tuesday. Chief Executive Elon Musk jolted financial markets on Tuesday with a surprise statement suggesting he is considering taking the electric-car maker private.

"Am considering taking Tesla private at $420". The stock had been worth about $342 a share before Musk's tweet.

DMK chief Kalaignar passes away; supporters throng, security beefed up
Karunanidhi , born on 3rd June 1924 in Thirukkuvalai village in Nagapattinam district, as a son of Muthuvelu and Anju. Jayalalithaa, another powerful leader from Tamil Nadu whose death sparked a huge outpouring of grief.

While Musk is known for making erratic tweets, he tweeted "420" in a reply to Fox Business anchor Liz Claman, following up on his initial tweet. Musk owns almost 20pc of the company.

Mr Musk has previously discussed the drawbacks of being a public company, saying shareholder demands often produce short-term thinking. According to the Times, the Saudis recently approached Musk and offered to buy even more Tesla shares, an offer that Musk refused. Much of that increase was driven by an earlier report that Saudi Arabia's sovereign wealth fund has bought $2 billion in Tesla stock, representing a 3-5% stake in the company.

'We are wholly against this': AST slam Kroenke’s Arsenal bid
When that happens, he won't have to public ally declare the club's finances. 'Shame on those who actually defended his actions. The Premier League transfer window closes on Thursday at 5pm and signings can not be made after that point.

A spokesman for Tesla did not immediately return a request for comment. "We still would see risk to completion of such a deal", said CFRA analyst Efraim Levy.

New organ donation law could save 700 more lives every year
Simon Gillespie, chief executive of the British Heart Foundation, said: 'There is a desperate shortage of organ donors in the UK. Three people still die each day in need of an organ transplant - and now there are 5,100 people in England on the waiting list.

Recommended

Study warns of looming potential for runaway global warming Study warns of looming potential for runaway global warming But according to the authors of the paper, the current plans to cut carbon may not be enough if their analysis is correct. The impacts on arguably Australia's most notable natural attraction, the Great Barrier Reef, would be severe.

Hafeez demoted as PCB grants central contracts to 33 players Hafeez demoted as PCB grants central contracts to 33 players The senior batsman was recently granted a Central Contract by the Pakistan Cricket Board (PCB) in the B category of cricketers. He was also dropped after the first two matches of the tri-series - also involving Zimbabwe and Australia - on the same trip.

Hurricane Hector: Category 4 storm heads toward Hawaii, forecast, path, track today Hurricane Hector: Category 4 storm heads toward Hawaii, forecast, path, track today Some fluctuations in intensity are expected overnight into Monday, followed by gradual weakening Monday night through Wednesday. On Friday, state officials warned residents and visitors to take precautions in case Hector gets closer to the island chain.

Saudi airline stops flights to Canada amid escalating diplomatic row Saudi airline stops flights to Canada amid escalating diplomatic row Canadian authorities said they are " seriously concerned " about Saudi Arabia's freeze of new trade between the countries. The report also said all Saudi Arabian students now studying in Canada will be transferred to other countries.

German couple jailed for raping, selling young son to pedophiles German couple jailed for raping, selling young son to pedophiles The mother's partner was supposed to be banned from having contact with children following his earlier abuse conviction. The boy is now living with foster parents and is doing well "under the circumstances", his lawyer said Tuesday.

Frankfurt airport evacuated after French family security scare Frankfurt airport evacuated after French family security scare A similar incident on 28 July at Munich Airport caused 300 flights to be cancelled, affecting 30,000 people. Staff uses a megaphone as people wait due to the evacuation of Frankfurt airport, Germany August 7, 2018.

Hospital Bacterial Species Becoming Tolerant to Alcohol Disinfectants Hospital Bacterial Species Becoming Tolerant to Alcohol Disinfectants The isolates gathered after 2009 were on average more tolerant to the alcohol compared to bacteria taken from before 2004. In the result, it was found that more "young" strains of bacteria 70% more resistant to disinfectants alcohol-based.

Woman helps man short on cash at Wawa, discovers he's Keith Urban Woman helps man short on cash at Wawa, discovers he's Keith Urban Unconvinced, Reed turned to his body guard and asked for confirmation. "@KeithUrban thank you for the photo at @Wawa". Wanting to pay it forward, she offered to cover the cost of the man's food and gas.

'Bachelorette' victor Garrett Yrigoyen addresses Instagram scandal following Becca Kufrin engagement 'Bachelorette' victor  Garrett Yrigoyen addresses Instagram scandal following Becca Kufrin engagement Kufrin cried to her sister that she always felt that Horstmann would be the one, but then Yrigoyen crept into her heart. Most fans saw this coming - Blake gets his heart broken into a million pieces and Becca gives her final rose to Blake .

Johnny Depp’s troubles continue, new film City of Lies’ release cancelled Johnny Depp’s troubles continue, new film City of Lies’ release cancelled The film was set to be released in North America by Global Road Entertainment on September 7 and no new release date has been set. The film, which was directed by Brad Furman and also stars Forest Whitaker , does not have a new release date at this time.

SpaceX Just Launched A Rocket With A Critical Reused Part SpaceX Just Launched A Rocket With A Critical Reused Part Built by Lockheed Martin, the satellite was 18 years old, operating three years past its design life. Seconds before touchdown, four legs deployed and the rocket settled to an on-target landing.

Snapchat filters are the new plastic surgery goal 10:54 a.m. Snapchat filters are the new plastic surgery goal 10:54 a.m. However, the term " Snapchat dysmorphia " was just coined this year by British cosmetic doctor Tijion Esho . The authors say social media photo filters are altering people's perception of beauty worldwide.

7 starving 'Gilligan's Island' pups rescued from island in Manitoba 7 starving 'Gilligan's Island' pups rescued from island in Manitoba The Norway House is asking for donations to help fund the continuing needs of the seven puppies and their other rescues. The volunteer who is fostering the pups, along with Cook, came up with creative names for all of them.

MoviePass to limit subscribers to 3 movies per month MoviePass to limit subscribers to 3 movies per month The impact was immediate: the subscriber base has jumped from 20,000 then to over three million today. As a result, the company expects the new subscription model won't affect 85 percent of its customers.

Manchester United's Axel Tuanzebe returns to Aston Villa on loan Manchester United's Axel Tuanzebe returns to Aston Villa on loan But, with the manager's central defensive options stacked, Tuanzebe has found it hard to establish himself as a regular starter. Tuanzebe will still have to rival Micah Richards and Tommy Elphick for the starting slot.