Tesla has backpedaled on its plans to close a vast majority of its stores worldwide in order to save money and to lower the price of its cars accordingly.
Tesla's board of directors said Tuesday it formed a special committee to consider chief executive Elon Musk's proposal to take the electric auto giant private.
Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet.
Musk has warned staff that there might be a saboteur in their ranks responsible for a factory fire, changing code, and sending secrets outside the organization.