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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:

A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

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.

Go deeper

Updated 23 mins ago - Health

California surpasses 50,000 COVID-19 deaths

A man prepares a funeral arrangement in in Los Angeles, California, Feb. 12. Photo: Mario Tama/Getty Images

California's death toll from COVID-19 surpassed 50,000 on Wednesday, per Johns Hopkins data.

The big picture: It's the first state to record more than 50,000 deaths from the coronavirus.

2 hours ago - Technology

Facebook bans Myanmar military

A protester holds a placard with a three-finger salute in front of a military tank parked aside the street in front of the Central Bank building during a demonstration in Yangon, Myanmar. Photo by Aung Kyaw Htet/SOPA Images/LightRocket via Getty Images

Facebook said on Wednesday it would ban the rest of the Myanmar military from its platform.

The big picture: It comes some three weeks after the military overthrew the civilian government in a coup and detained leader Aung San Suu Kyi, causing massive protests to erupt throughout the country. Military leaders have been using internet blackouts to try to maintain power in light of the coup.

It's harder to fill the Cabinet

Data: Chamberlain, 2020, "United States of America Cabinet Appointments Dataset" Chart: Will Chase/Axios

It's harder now for presidents to win Senate confirmation for their Cabinet picks, an Axios data analysis of votes for and against nominees found.

Why it matters: It's not just Neera Tanden. The trend is a product of growing polarization, rougher political discourse and slimming Senate majorities, experts say. It means some of the nation's most vital federal agencies go without a leader and the legislative authority that comes with one.

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