Illustration: Sarah Grillo/Axios

For the second time in a week, Elon Musk appears to have tweeted factually incorrect information about his efforts to take Tesla Motors private:

The bottom line: Neither Silver Lake nor Goldman Sachs have signed financial advisory agreements with Musk, or at least hadn't at the time of his tweet.

  • Silver Lake: Sources tell Axios that the tech-focused private equity is not working with Musk as a "financial advisor," as regulators and lawyers would generally consider that to be the same thing as a broker-dealer. Instead, Silver Lake is providing some unpaid and informal consulting services to Musk, as it kicks the tires to see if it might have interest in participating as an investor.
  • Goldman: Bloomberg and the WSJ both report that conversations between the two sides are ongoing, but not finalized.

Federal securities regulators continue to investigate Musk's tweet from last Wednesday about having "funding secured" for the buyout, which he subsequently admitted was actually just an expression of interest from a Saudi sovereign wealth fund.

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Updated 59 mins ago - Science

Texas and Louisiana face fresh flood threat from Tropical Storm Beta

Tropical Storm Beta slowly approaching the Texas coast on Monday. Photo: National Weather Service/Twitter

Tropical Storm Beta was dumping heavy rains over Texas as it churned its way inland overnight, bringing the risk of "life-threatening storm surge" and flooding to parts of the state and Louisiana, the National Hurricane Center said.

What's happening: The slow-moving storm was causing coastal flooding along areas including the bays near Houston and Galveston in Texas Monday, per the National Weather Service. Texas Gov. Greg Abbott (R) made a disaster declaration and Louisiana Gov. John Bel Edwards (D) declared a state of emergency Monday.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3 a.m. ET: 31,328,238 — Total deaths: 964,839— Total recoveries: 21,503,496Map.
  2. U.S.: Total confirmed cases as of 3 a.m. ET: 6,857,967 — Total deaths: 199,884 — Total recoveries: 2,615,949 — Total tests: 95,841,281Map.
  3. Health: CDC says it mistakenly published guidance about COVID-19 spreading through air.
  4. Media: Conservative blogger who spread COVID-19 misinformation worked for Fauci's agency.
  5. Politics: House Democrats file legislation to fund government through Dec. 11.
  6. World: U.K. upgrades COVID alert level as Europe sees worrying rise in infections — "The Wake-Up Call" warns the West about the consequences of mishandling a pandemic.

Louisville police declare state of emergency as Breonna Taylor decision looms

A demonstrator holds up a sign of Breonna Taylor during a protest in Louisville, Kentucky. Photo: Brandon Bell/Getty Images

The Louisville police chief declared in a memo obtained by news outlets a "state of emergency" for the department on Monday to prepare for Kentucky Attorney General Daniel Cameron's expected announcement on the Breonna Taylor case.

Of note: Louisville has witnessed more than 115 days of protests over the police killing of Taylor, an unarmed Black woman, with calls for all the officers involved to be charged.

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