Elon Musk says he's considering taking Tesla private

Elon Musk Reveals Details of Tesla V9.0 Software Including Early Access

The company did not immediately respond to request for comment.

Mr. Musk's account tweeted: "Am considering taking Tesla private at $420". The company is now valued at just over $60 billion, with Musk holding an nearly 20 percent stake in the company.

Tesla's shares jumped to $362.74 in afternoon trading. Musk owns almost 20pc of the company.

He implied the funding values the company at $420 a share.

NASA to announce which astronauts will fly on first commercial spaceships
After a seven-year hiatus, American astronauts will once again go to space from the U.S. "We're not going to let you down". Ferguson will become the first former NASA astronaut to return to orbit as a company's crew member when he flies.

Separately, the Financial Times reported on Tuesday that Saudi Arabia's sovereign wealth fund, overseen by Crown Prince Mohammed bin Salman, has built an undisclosed stake of 3-5% in Tesla.

"I believe Tesla considers Tweets as public disclosure". I think he's serious. "Funding secured", Musk tweeted shortly before 1 p.m. on Tuesday. According to the Times, the Saudis recently approached Musk and offered to buy even more Tesla shares, an offer that Musk refused.

Tesla spokespeople have not yet confirmed the proposal to any media outlets.

"Details, structure, participants and how the valuation has been determined remain to be seen".

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