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Elon Musk considers taking Tesla private

(Reuters) – Elon Musk is considering taking Tesla Inc (TSLA.O) private, the electric car maker’s chief executive tweeted on Tuesday.

“Am considering taking Tesla private at $420 (323.9 pounds). Funding secured,” Musk said.

At $420 per share, a deal would represent a 22.8 percent premium to Tesla’s closing price on Monday, making it one of the biggest go-private deals with a price tag of about $72 billion (55.5 billion pounds).

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finance.yahoo.com/news/elon-musk-considers-taking-tesla-165937136.html?.tsrc=applewf

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