Tesla: Is the Company Looking for Help for Elon Musk?

Open this

He also discussed the extraordinary demands of running Tesla and the profound effect it has had on his personal life.

A tweet Musk made in June of 2017 mentioned mixing Ambien, a drug that assists with sleep, with red wine, which is considered a unsafe combination according to the American Addiction Center. The Securities and Exchange Commission issued subpoenas to Musk and Tesla's board, and interviews are reportedly being planned for as soon as next week.

Meanwhile, regulators are also looking into the "funding secured" affair after Musk tweeted that he is ready to take Tesla private at a price of US$420 a share and he has already found the money to do so.

Musk's revealing interview, and the subsequent reports about Tesla, gave the internet a lot of material for jokes and reactions.

A couple of years ago, Tesla approached Facebook executive Sheryl Sandberg about that job, Mr Musk told the newspaper, but he added that no active search is taking place now "to the best of my knowledge".

Reaction to the Times interview came swiftly on social media, including a comment from television personality Jim Cramer, who says Musk requires "medical leave". "They can have the job", Musk was quoted as saying.

In May 2016 - when Musk announced bold plans to accelerate the timeline for Model 3 production - Barclays analyst Brian Johnson asked Musk if he would consider hiring a COO.

Output is well on track for weekly production goals, and set for a significant boost, according to Evercore ISI analysts who toured the plant. But Musk's interview with the Times made it sound as if he was being pushed to the limit.

The hectic schedule has not allowed him to spend time with his children and friends.

India ve England: Hardik Pandya leaves England reeling in Trent Bridge Test
Ovation: Indian cricketers applaud teammate India's Hardik Pandya , holding the ball, after his five-wicket haul against England . But Pandya's lethal five-over opening spell made the difference as he sent the English line-up reeling in a space of 28 balls.

Indonesia earthquakes today: Multiple quakes rock Lombok island
They were still trying to reach out to places in the Lau group for any damage reports. "People started to scream and cry". Endri Susanto told AFP: "People are traumatised by the previous earthquakes , and aftershocks never seem to stop".

Vatican: Victims of Abuse Should Know ‘the Pope Is on Their Side’
The grand jury stated The Boston Globe's reporting on clergy sex abuse prompted multiple victims in Pennsylvania to come forward. And next weekend Pope Francis will be travelling to Ireland, which is also no stranger to sex abuse by priests.

He called the period "excruciating", the newspaper reported.

In an hour-long interview, he said the past 12 months have been "excruciating" and "the most hard and painful" of his career. He said his reference to having secured funding referred to a potential investment by Saudi Arabia's government investment fund.

April 2017: Mr Musk talks to SoftBank's Masayoshi Son about investing.

He said he had most recently met with the Saudis on July 31 and left that meeting "with no question that a deal with the. fund could be closed, and that it was just a matter of getting the process moving".

Musk said on Monday he did not want to saddle Tesla with more debt, meaning it would then have to rely on private fundraising rounds like Uber Technologies Inc and other venture-backed companies, likely incurring a much higher cost of capital.

But Tesla isn't quite normal, with the identity and success of the company tied directly to Musk's intelligence and personality. Tesla's board has since created a committee of independent directors to evaluate the plan.

Aug 10: Shareholder complaint is filed in San Francisco.

There's hardly any day when no new headlines have been made around Elon Musk.

Related news:

Hot News

isis-killer-beheading-video-story-top Trump speechwriter fired after he's linked to white nationalist event
Aug 21, 2018 - 02:47
It noted that McGahn played a key role in stopping Trump from firing Mueller , who was made special counsel after Comey's firing. Joseph McCarthy in the 1950s to expose communists. "Rigged Witch Hunt!" Trump wrote on Twitter.

isis-killer-beheading-video-story-top Manchester United's Paul Pogba admits 'my attitude wasn't right' in defeat
Aug 21, 2018 - 02:43
The anger and frustration of the executive vice-chairman was evident when the television cameras picked him up in the stands. The Iranian worldwide was the top scorer in the Eredivisie last season and enjoyed an impressive World Cup for Team Melli.

isis-killer-beheading-video-story-top MSI spoils Nvidia's big reveal of the GTX 2080
Aug 21, 2018 - 01:23
Nvidia showed how the new technology will look in upcoming games including Shadow of the Tomb Raider and Metro Exodus . Nvidia's GeForce RTX cards are officially out of the ray-traced bag , and every card maker seems eager to join in.

isis-killer-beheading-video-story-top Trump's lawyers unsure how much McGahn has told Mueller
Aug 20, 2018 - 02:39
McGahn cooperated in a way that could hurt Donald Trump in order to protect himself and because he doesn't trust the President. In a tweet Saturday night, President Trump said he allowed and encouraged McGahn's cooperation with the special counsel.

isis-killer-beheading-video-story-top Man City boss Pep Guardiola issues Tottenham warning amid new stadium disaster
Aug 20, 2018 - 02:30
Gabriel Jesus doubled the hosts advantage on 31 minutes, with the Brazilian firing home from the edge of the box. Sometimes we want to kill him and sometimes you think, wow, what a player we have", Guardiola said .

isis-killer-beheading-video-story-top World Cup of tennis agreed in Davis Cup overhaul
Aug 20, 2018 - 02:12
The 18 teams would be split into three groups of six with the group winners and two runners up advancing to the knockout rounds. The new format will involve a qualifying round in February, in which 24 teams will take part in home and away matches.

isis-killer-beheading-video-story-top Manafort trial judge: I've been threatened
Aug 20, 2018 - 02:04
The jury has been deliberating since Thursday, but ended the day yesterday without a verdict and will return Monday morning. Special Counsel Robert Mueller's investigation into ties between Russian Federation and Trump's 2016 election campaign.

isis-killer-beheading-video-story-top Fortnite v5.21 Content Update Adds Heavy Sniper Rifle & New LTM
Aug 20, 2018 - 01:32
Epic has also resolved an issue with grenades that prevented their damage from being counted toward last week's grenade challenge. There are seven new mini-courses added for players to drive around faster than normal like it was a makeshift racing game.

isis-killer-beheading-video-story-top Omarosa proves the Trump family tried to buy her silence with this
Aug 19, 2018 - 01:27
She said this week she chose to release the recordings to prove she is not lying about what happens inside the White House. Before joining the administration, Manigault Newman handled African-American outreach for Trump's presidential campaign.

isis-killer-beheading-video-story-top Apple reassures customers after Australian media reports hack by teen
Aug 19, 2018 - 01:26
Apple has already issued a statement clarifying that the personal data of its customers was not compromised during this incident. A teen in Melbourne , Australia has hacked secure servers at Apple Inc not once, but numerous times over the course of a year.

isis-killer-beheading-video-story-top Judge In Manafort Trial Receives Threats; Media Tries To Reveal Juror's Identities
Aug 19, 2018 - 01:20
It's the third question, asking for another explanation of " reasonable doubt ", that many are keying in on. He will also not release the names of jurors at the trial's conclusion because he fears for their safety.

isis-killer-beheading-video-story-top Deontay Wilder clashes with John Fury at lively Belfast weigh
Aug 19, 2018 - 01:16
Forgive us for questioning this completely legitimate sport, but there's a very WWE feel off of the whole confrontation. Following the weigh-in, Wilder and Fury clashed outside, with the two fighters separated by security.

isis-killer-beheading-video-story-top ‘The Break With Michelle Wolf’ & ‘The Joel McHale Show’ Canceled By Netflix
Aug 19, 2018 - 00:58
The Joel McHale Show with Joel McHale was the latest high-profile series to feature McHale to get the ax. Neither show sustained the viewership to justify renewal.

isis-killer-beheading-video-story-top Green Bay Packers vs Pittsburgh Steelers
Aug 18, 2018 - 02:29
The star quarterback is coming off of his fourth season in which he threw for at least 4,200 yards with at least 26 touchdowns. Roethlisberger got up on his own accord and talked with teammates and trainers, who eventually walked him out of the stadium.

isis-killer-beheading-video-story-top Australian senator uses Nazi phrase to call for ban on Muslim immigrants
Aug 18, 2018 - 02:27
An Essential poll in April reported that 64 per cent of respondents believe immigration over the past 10 years is too high. Amid national outrage Turnbull, who will head to the polls within nine months, quickly condemned Anning.