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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13 hours ago - Health

15 states broke single-day coronavirus records this week

Data: Compiled from state health departments by Axios; Map: Danielle Alberti/Axios

At least 15 states broke their single-day novel coronavirus infection records this week, according to state health department data reviewed by Axios.

The big picture: The number of coronavirus cases increased in the vast majority of states over the last week, and decreased in only two states plus the District of Columbia, Axios' Andrew Withershoop and Caitlin Owens report.

Updated 13 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 3 p.m. ET: 11,143,945 — Total deaths: 527,681 — Total recoveries — 6,004,593Map.
  2. U.S.: Total confirmed cases as of 3 p.m. ET: 2,818,588 — Total deaths: 129,584 — Total recoveries: 883,561 — Total tested: 34,213,497Map.
  3. States: Photos of America's pandemic July 4 ICU beds in Arizona's hot spot reach near capacity.
  4. Public health: U.S. coronavirus infections hit record highs for 3 straight days.
  5. Politics: Trump extends PPP application deadlineKimberly Guilfoyle tests positive.
  6. World: Mexican leaders call for tighter border control as infections rise in U.S.
  7. Sports: 31 MLB players test positive as workouts resume.
  8. 1 📽 thing: Drive-in movie theaters are making a comeback.
14 hours ago - Health

In photos: America celebrates July 4 during global pandemic

Photo: Francine Orr/Los Angeles Times/Getty Images

The U.S. has already celebrated Easter, graduations and so much more during the coronavirus pandemic, and now it can add July 4 to the list.

The state of play: Axios' Stef Kight writes public parades and fireworks displays around much of the country are being canceled to prevent mass gatherings where the virus could spread. Hot-dog contests and concerts will play to empty stands and virtual audiences — all while American pride treads an all-time low.