Elon Musk tweets he would possibly take Tesla non-public

Elon Musk Image copyright Reuters

A tweet from Tesla boss Elon Musk’s account suggests he is “taking into consideration” taking the electric automotive company personal.

The BBC has been unable to ensure the post was written via Mr Musk himself, but it surely has driven the shares 6% higher.

The tweet steered Mr Musk used to be a plan to buy exceptional stocks within the company for $420 every, around a 5th upper than the share’s current price.

“Funding secured”, the tweet delivered, providing no additional main points on timing or supply of funding.

Tesla did not reply to a request for remark right away.

Mr Musk has previously mentioned the drawbacks of being a public corporate, pronouncing shareholder calls for ceaselessly produce brief-time period thinking.

Skip Twitter put up through @elonmusk

Am making an allowance for taking Tesla private at $420. Investment secured.

— Elon Musk (@elonmusk) August 7, 2018


End of Twitter publish through @elonmusk

Nevertheless It was now not transparent how critically to take the publish, given Mr Musk’s historical past on the social media service.

On April Fool’s Day, Mr Musk joked on Twitter approximately Tesla going bankrupt.

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