NEW YORK, August 9. /Basereporter.com/. The Federal Commission on securities and stock exchanges of the US performs scan on the fact announced by the head of electric car manufacturer Tesla Elon Musk offers to buy shares of the company. This was reported on Wednesday in the electronic version of the newspaper The Wall Street Journal.
According to her, the Agency intends to find out why Musk made the proposal on his Twitter, not in an official document, which was to be submitted to the regulatory authority. Also, the Commission will check whether the statement Mask really and does he have enough funds for operations to repurchase shares. Otherwise, it may contradict existing laws on the protection of the rights of investors.
On Tuesday, Musk said on Twitter that it is considering a buyout of Tesla stock at the rate of $420 per share. He added that “funding secured”. Subsequently, six members of the Board of Directors of the company made a statement that offer Mask on the redemption of shares will be examined.
Last week Tesla issued a second quarter report, in which its losses amounted to $717,5 mln vs $336,4 million for the same period last year. The company’s revenues increased to nearly $4 billion from $2.79 billion a year earlier. During the reporting period of the current year, Tesla has delivered to customers more than 40 thousand electric cars of all models compared to slightly over 22 thousand for the second quarter of 2017.
The company was founded in 2003. Originally it was called Tesla Motors, but then became known as just Teslа. Its headquarters is in Palo Alto (California). First, the company specialized in the production of electric vehicles, but later became involved in the development of solar and other energy-storage systems.