Photo: Justin Sullivan/Getty Images

In the process of setting up the framework to take Tesla private, CEO Elon Musk began to realize his thinking was "overly simplistic," and that the difficulties privatization posed would cause unnecessary distractions at a time when Model 3 production is vital to the company's success, reports the The New York Times.

The details: Besides the factors explained in last Friday's blog post, Musk was reportedly concerned about the contradictions of having an electric car company backed by a Saudi wealth fund that had made its fortune on fossil fuels. It also became clear that the Saudis, other foreign funds and even bigger carmakers might expect more than just equity in exchange for an investment, including proposals to set up production in their countries.

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Sen. Cory Gardner on vacant Supreme Court seat: "I will vote to confirm"

Photo: Alex Wong/Getty Images

Sen. Cory Gardner (R-Colo.) will vote to confirm President Trump's nominee to replace the late Ruth Bader Ginsburg, he announced in a statement Monday.

Why it matters: The development is a win for President Trump and Senate Majority Leader Mitch McConnell (R-Ky.). It should mean Republicans are all but assured to have enough support to hold hearings for Trump's potential nominee.

Updated 30 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8 p.m. ET: 31,186,000 — Total deaths: 962,343— Total recoveries: 21,327,416Map.
  2. U.S.: Total confirmed cases as of 8 p.m. ET: 6,832,970 — Total deaths: 199,816 — Total recoveries: 2,615,519 — 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.
Dave Lawler, author of World
50 mins ago - World

Trump and Xi to give dueling speeches Tuesday at UN General Assembly

Illustration: Lazaro Gamio/Axios

President Trump and China’s Xi Jinping will address the UN General Assembly just minutes apart on Tuesday morning — with Russia’s Vladimir Putin following soon thereafter.

The big picture: Trump has promised a “strong message on China.” Xi, meanwhile, is expected to laud global cooperation — with the clear implication that it can be led from Beijing.

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