Elon Musk considers taking Tesla private

Business

(Reuters) – Elon Musk is considering taking Tesla Inc private, he tweeted on Tuesday.

FILE PHOTO: Elon Musk listens at a press conference following the first launch of a SpaceX Falcon Heavy rocket at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018. REUTERS/Joe Skipper/File Photo

“Am considering taking Tesla private at $420. Funding secured,” Musk said. bit.ly/2Om3gn3

It was not clear if Musk was serious as he has a history of erratic tweets, and the company did not immediately respond to request for comment.

Reporting by Sonam Rai in Bengaluru; Editing by Saumyadeb Chakrabarty

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