Matt Levine, Columnist

Musk’s Money Mystery Intrigues SEC

Also Chris Collins and songwriting as a service.

August 9, 2018 at 2:59 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Tesla Funding Watch 2018.

Yesterday we talked about a bunch of questions raised by Elon Musk’s announcement that he plans to take Tesla Inc. private at $420 a share, but right now one question is far more urgent than any of the others, and it is: Where’s the money? Musk tweeted “funding secured” for his bid, and Tesla’s board announced—rather more circumspectly—that its discussion with Musk “addressed the funding for this to occur.” But no one is saying who’s putting up the $60 billion or so that will be required to take Tesla private.

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