CFO tells Musk investors and SEC are asking about 'funding secured'
- From:
- Deepak Ahuja
- Date:
- August 7, 2018 (Exhibit header: sent 8/7/2018 3:11:18 PM)
- To:
- Elon Musk (cc: Todd Maron)
- Subject:
- FW: hey
Elon,
FYI. We are getting a lot of enquiries from investors, SEC and the media to better understand the comment "funding secured".
Deepak
[Forwarded message] From: Owuraka Koney (Jennison Associates) / Date: Tuesday, August 7, 2018 at 2:15 PM / To: deepak@tesla.com / Subject: hey
Hey Deepak,
I hope all is well. Today (and the last few months!) has been a bit of a whirlwind for us as I imagine for you and the firm as well. We are obviously quite surprised by the intent to take Tesla private but we need more information. Specifically, we want to know if there is some kind of commitment letter not just a verbal agreement to provide the funding to go private? This is a very serious matter and saying it on a tweet is just not sufficient.
As a side note, I just want you to know that Martin is doing an absolutely fantastic job running IR. His level of knowledge and seriousness with which he approaches the job has been very impressive. Multiples over the last few months I've done calls with him and my PM team and we can't praise him enough.
Owuraka