Tesla Inc. shares jumped as much as 8% midday Tuesday after Chief Executive Elon Musk tweeted that he was “considering” taking the Silicon Valley car maker private at $420 a share.
“Funding secured,” the tweet continued, garnering calls to “dewit” and love yous from Musk supporters on Twitter. The tweet recently had more than 14,000 likes and more than 3,000 retweets.
Am considering taking Tesla private at $420. Funding secured.
— Elon Musk (@elonmusk) August 7, 2018
