Elon Musk considers taking Tesla private in tweet, shares jump


SAN FRANCISCO (Reuters) – Chief Executive Elon Musk said on Twitter he is considering taking Tesla Inc (TSLA.O) 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 $420. Funding secured,” Musk said on Twitter. bit.ly/2Om3gn3 At $420 per share, a deal would be worth $72 billion overall. Musk did not disclose the source of the funding.

Tesla did not immediately respond to a request for confirmation or…



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