← All emails Tesla · 2018

Offer to Take Tesla Private at $420

Elon Musk to Tesla Board of Directors, Tesla Chief Financial Officer and Tesla General Counsel, August 2, 2018

Email sent after market close on Aug. 2, 2018, five days before the "funding secured" tweet. Only fragments quoted in the SEC complaint are reproduced, joined with [...].

Exhibit

From: Elon Musk
Sent: Thursday, August 2, 2018
To: Tesla Board of Directors, Tesla Chief Financial Officer, Tesla General Counsel
Subject: Offer to Take Tesla Private at $420

Only part of this email is public. The text below is the portion quoted in the source.

[s]ubjects Tesla to constant defamatory attacks by the short-selling community, resulting in great harm to our valuable brand. [...] matter be put to a shareholder vote at the earliest opportunity [...] offer expires in 30 days.

EMX-000109

The whole thread

Aug 2, 2018 Elon Musk [s]ubjects Tesla to constant defamatory attacks by the short-selling community, resulting in great harm to…
Aug 7, 2018 Elon Musk Earlier today, I announced that I’m considering taking Tesla private at a price of $420/share. I wanted to…
Aug 24, 2018 Elon Musk After giving this a lot of thought, I have come to the conclusion that the best path for the foreseeable…