CEO – Elon Musk tweets he may take Tesla private. Shares moved up 11%

Elon Musk, CEO of Tesla said on Tuesday that he is considering taking Tesla Inc. private.

This would be the largest deal of its type, at $420 per share with an estimated worth of $72 billion US overall. The electric car maker faces the challenges of fast growth and financial constraints.

Tesla shares moved up 11% at $379.57 US, slightly below their all-time high.

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