Tesla chief executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla’s stock and debt sale. The lending was disclosed in Tesla’s prospectus on Thursday to raise up to $2.3 billion with new shares and convertible debt, and it …
See Original Article

Within this sector, the Big Four accounting and advisory firms – Deloitte, EY, KPMG and PwC – in addition to management consultancies McKinsey
See Original Article

A group of big U.S. banks is leading a cannabis equity offering for the first time and investors aren't loving the result. CannTrust Holdings Inc. shares
See Original Article

The main global accounting body is planning to modify standards for how banks and companies treat Libor-related deals on their balance sheets, in a
See Original Article

Elon Musk has called Tesla’s Gigafactory the “machine that builds the machine.” The $4.5 billion factory, located outside Reno, Nevada, is where Tesla and Panasonic, its principal partner, produce battery packs for Tesla’s Model 3 sedan, along with energy …
See Original Article