- Tesla's (TSLA -0.5%) legal team is bracing the company to face billions of dollars in potential liability from private lawsuits over disclosures, tweets Fox Business Senior Correspondent Charles Gasparino.
- He tips that Tesla's internal legal staff believes private litigation could be more costly than any possible SEC enforcement fine.
- Separately, CNBC is reporting that Centerview, Evercore and Lazard have all pitched their advisory services to the Tesla board, and a decision should be made soon