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Elon Musk Says Taking Tesla Private Is 'best Path,' Shares Jump

by channelnewsasia.com posted 1week ago 10 views
Elon Musk is considering taking Tesla Inc private, he tweeted on Tuesday. : SAN FRANCISCO: Chief Executive Elon Musk said on Tuesday he is considering taking Tesla Inc private in what would be the largest deal of its type, moving the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight financial constraints. "Am considering taking Tesla private at US$420. Funding secured," Musk said on Twitter https://bit.ly/2Om3gn3. At US$420 per share, a deal would be worth US$72 billion overall.

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