I'm wondering how I can fill my 26 gallon tank in less than 5 minutes (pay at the pump). I must be using a network of Superfiller stations I didn't know about.
Does this make any EV fans nervous? : Musk says Saudi fund wants to take Tesla private, justifying his 'funding secure' tweet; stock slips 1%
The House of Saud's wealth is based on oil production.Elon Musk is clearing up questions around taking Tesla private, saying his claim last week that the necessary funding had been secured was based on repeated and ongoing conversations with the Saudis.
"Going back almost two years, the Saudi Arabian sovereign wealth fund has approached me multiple times about taking Tesla private," Musk said in a blog post published Monday. "Recently, after the Saudi fund bought almost 5 percent of Tesla stock through the public markets, they reached out to ask for another meeting. That meeting took place on July 31st. ... I left the July 31st meeting with no question that a deal with the Saudi sovereign fund could be closed."
Tesla has been battling wild stock swings and widespread scrutiny in the week following Musk's tweet last Tuesday. The SEC reportedly intensified previous inquiries into Tesla based on the tweet, which may have violated a rule that prohibits publicly traded companies from announcing plans to buy or sell securities if executives don't intend to follow through, don't have the means to complete the deal or are flat out trying to manipulate the stock price.







