Article 3WE8H Tesla directors say they knew of Elon Musk's surprise plan to go private

Tesla directors say they knew of Elon Musk's surprise plan to go private

by
Edward Helmore
from Technology | The Guardian on (#3WE8H)

Statement from board members suggests Musk's tweets - which prompted surge in price - were less spontaneous than imagined

Tesla directors have said they knew about Elon Musk's surprise proposal to privatise the money-losing car maker before he tweeted about it and have met several times in the past week to discuss the proposal.

Related: Tesla shares soar after Elon Musk floats plan to take company private

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