Tesla CEO Musk has offered $54.2 per share in cash, calling the price his best and final offer.
Below is a full transcript of a voice message and a letter Musk sent to Taylor where he specifies his conditions and his proposal.
As I indicated this weekend, I believe that the company should be private to go through the changes that need to be made.
After the past several days of thinking this over, I have decided I want to acquire the company and take it private.
I am going to send you an offer letter tonight; it will be public in the morning.
Are you available to chat?