a high demand auction was bmc, a triple c credit funding. it saw $4.5 billion for the $1.5 billion issue. talking to securing funding, we now turn to elon musk and tesla. questions remain, is funding really secured or not? >> elon musk of tesla now tweeting he is considering taking tesla private. >> going private at that level would not make sense. >> there is no mention of financing at all. even though he tweeted funding has been secured, it is not anywhere in the blog post that would allow people to see how this would be financed. there are a lot of question marks here. >> the general thing that everyone is focused on is when mr. musk said funding secured, was funding secured? >> we have not had any major investment banks come out and say the funding is lined up. if they cannot show that, i think this is a major negative. >> everyone has been talking about this as a leveraged buyout. you cannot do a leveraged buyout of a company that is burning cash and is already quite indebted, and needs to spend more to keep growing. >> i do not underst

a high demand auction with bmc software.riple credit funding. 4.5 billion dollars for the $1.5 billion issue. funding, weecuring now turn to elon musk. tesla. is funding really secured are not> -- or not? >> elon musk tweeting that he is considering taking tesla private. $420 of funding secured. >> going private would not make sense. ofthere is no mention financing at all. even though he tweeted it, it is not anywhere in the blog post that would allow people to see how this would be financed. there are a lot of? see here. >> the general thing that everyone is focused on is when mr. musk said funding secured, was funding secured. --we have not had any if you can't show that, this is a major negative for his stock. talkingone has been about the leveraged buyout. you can't do a leverage buyout of a company that is earning cash and is already quite indebted. and needs to spend more cash to keep growing. i don't understand the idea of what was suggested and the potential for them to go private. that is an incredibly large valuati

billion, the second busiest week year to date and the most active since march. , high demand auction was bmc1.5 billion issue. we now turn to elon musk and tesla. questions remain, is funding sugar -- secure or not? >> elon musk of test like tweeting he is considering taking tesla private. >> going private at that level would not make sense. >> there is no mention of financing. even though he tweeted funding has been secured, it is not anywhere for people to see how >> this would be financed. >>the general thing that everyone is focused on is when he said funding secured, was funding secured? have not had any major funding lined up. this is a major negative. >> everyone has been talking about this as a leveraged buyout. you cannot do a leveraged buyout of a company that is indebted and needs to spend more to keep growing. >> i do not understand the idea of what was suggested for them to go private. that is a large by ua should in two take into the private market. jonathan: what a week for tesla. me, kathy jones and kathleen gaffney. joining me now is joel levington. kathleen, what an episode

a high demand auction was bmc, a triple see credit funding, $1.4 billion for the $1.5 billion issue.w turn to elon musk and tesla. questions remain, is funding secure or not? >> we have breaking news, elon musk of tesla tweeting he is considering taking tesla private. at $420, funding secured. >> going private at that level would not make sense. >> there is no mention of financing. even though he tweeted funding has been secured, it is not anywhere in the blog post that would allow people to see how this would be financed. >> the general thing that everyone is focused on is when mr. musk said funding secured, was funding secured? >> we have not had any major investment bank say that funding lined up. -- cannot show that, show that, this is a major negative. >> everyone has been talking about this as a leveraged buyout. you cannot do a leveraged buyout of a company that is indebted and needs to spend more to keep growing. >> i do not understand the idea of what was suggested for them to go private. that is obviously a large valuation to take in and taken to the private market. jonatha

a study published in bmc medicine examines the health over10years. erate in it concludes unstadgher risk coronary heart disease partly because consistent drinking may have a cardio protective effect. those are some of the day's top health stories. john schiumo, cbs news, new york. >>> coming up in sports, the giants take the loss on the field but it looks like they will also lose their all star catcher buster posey for the season in the near future. and the a's now tied with the astros for first in the a.l. west. khris davis once again provides the power as he joins the elite list of a's to reach a huge milestone. sports is coming up. baseball... cleveland at and red sox from fenway park.. >>> on june 19th the a's trailed the astros by 12 games in the division. that lead has been wiped away as the a's are now tied with houston for first place. khris davis and the a's are looking to keep the offense rolling against the rangers. bottom of the fifth, the a's up a run. he hits a line drive to center. chapman scores. that's davis's third consecutive seaso