All Musk said in his Tuesday tweet about taking the company private was that the financing for the deal was "secured".
One expert, Jill Fisch, a business law professor at the University of Pennsylvania Law School, said Chamberlain's and Issac's lawsuits will only be successful if they can prove Musk and Tesla did not actually seek or "secure" funding for the transaction. They said he had "addressed the funding for this to occur", without providing details.
On Tuesday, Musk tweeted that he was considering taking the electric vehicle company private and that he had secured funding, valuing the company at $420 a share. His personal stake in Tesla is nearly 20 per cent. In a letter to clients dated July 31, Einhorn said he was happy his Tesla lease had ended, citing issues with the car's touch screen and power windows. Others, however, stayed silent as they have yet to see more detailed financial evidence from Musk.
Musk had raised the go-private possibility with the board last week, according to a statement from six of Tesla's nine directors.
Soul legend Aretha Franklin reportedly 'gravely ill'
A new report from Showbiz 411 suggests that the "Queen of Soul", Aretha Franklin , is " gravely ill " in her hometown of Detroit . Franklin said in August of that year that she had undergone a "miraculous" recovery, but continued to drop out of shows.
"I want to thank Elon Musk for the shorts".
The sources requested anonymity because the deliberations are confidential.
While Saudi is certainly the first direction anyone would look to, and we've already discussed the Chinese interest via Tencent in a recent article called Why the Shanghai Government is Helping Tesla Secure the Gigafactory 3 Funding.
Spectacular Shooting Stars Fly Through The Sky During Perseid Meteor Shower
If one can pick a spot with lesser light pollution and look up when it is least cloudy, you are in for a celestial treat! The meteor shower gets its name because they seem to shoot out of the Perseus constellation.
"We wonder whether surge production techniques to support self-congratulatory tweets are economically efficient ways of ramping production, or whether customers will be happy with the quality of a auto rush through production to prove a point to short sellers", the letter said.
Musk, who is Tesla's largest shareholder with a 20 percent stake in the company, had previously expressed concern about what he referred to as "negative propaganda" from short sellers.
Some analysts have suggested that Musk could convince Tesla's top shareholders, such as Fidelity Investments and China's Tencent, to roll their equity stakes into the deal, thereby significantly reducing the amount of money needed to be raised.
Short-sellers aim to profit by selling borrowed shares, hoping to buy them back later at a lower price.
Sidhu, Kapil get formal invite for Imran's swearing-in ceremony
The nominated candidates for the post of prime minister will be required to submit their nomination papers by 2 pm on August 16. The results will be announced on August 17, while the oath-taking of the elected Prime Minister will be done on August 18.