Illustration: Sarah Grillo/Axios
Elon Musk is "seeking a wide pool of investors to back a potential take-private" of Tesla, according to Bloomberg.
Why it matters: This will only increase skepticism that Musk was being truthful when he tweeted "funding secured" on Tuesday, a claim that reportedly is being investigated by financial securities regulators.
Go deeper: Pro Rata podcast on Musk and Tesla.
Illustration: Aïda Amer/Axios
Four months ago, on the very same weekend, Eliud Kipchoge became the first human to run a marathon in under two hours, and fellow Kenyan Brigid Kosgei shattered the women's marathon record.
Why it matters: Kipchoge and Kosgei were both wearing Nike's controversial Vaporfly sneakers, which many believed would be banned because of the performance boost provided by a carbon-fiber plate in the midsole that acted as a spring and saved the runner energy.
Illustration: Aïda Amer/Axios
Economists are rethinking projections about the broader economic consequences of the coronavirus outbreak after a surge of diagnoses and deaths outside Asia and an announcement from a top CDC official that Americans should be prepared for the virus to spread here.
What's happening: The coronavirus quickly went from an also-ran concern to the most talked-about issue at the National Association for Business Economics policy conference in Washington, D.C.
Illustration: Rebecca Zisser/Axios
Wall Street's two-day-old coronavirus crash is a wakeup alarm for Silicon Valley.
The big picture: Tech has been booming for so long the industry barely remembers what a down market feels like — and most companies are ill-prepared for one.