Tesla investors caught up in buy-out maelstrom

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Tesla investors caught up in buy-out maelstrom

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Feb 6, 2018; Kennedy Space Center, FL, USA; Elon Musk CEO of SpaceX, speaks to the media during a press conference after the Falcon Heavy Launch. Mandatory Credit: Craig Bailey/Florida Today via USA TODAY NETWORK/Sipa USA | USA TODAY Network/SIPA USA/PA Images

Elon Musk’s sensational claim to have funding in place to take Tesla private stunned the US capital markets this week, but the lack of substantive detail to the plan has largely reversed an initial rally in the firm’s equity and debt instruments, as well as reportedly drawing the attention of the Securities Exchange Commission. Aidan Gregory and David Bell report.

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