"It's not easy to take a company that's losing money private", Galloway said.
When another person tweeted that going private "saves a lot of headaches", Musk replied, "Yes".
Galloway said Musk likely wants to take the company private because he's anticipating third- and fourth-quarter losses, and is exhausted of dealing with irate investors and the general demands of being a public company. The company had a market value of $58 billion as of Monday's close.
Tesla went public in 2010, when it offered more than 13 million shares at $17 each.
At a share price of $420, Tesla would be worth more than $70 billion.
The stock since settled at $366.94 before exchanges halted trading, pending an upcoming announcement from the company. The company did not immediately respond to request for comment.
"My hope is all current investors remain with Tesla even if we're private", Musk tweeted. So it will take some very deep pockets to buy up all of Tesla's publicly held stock. "Would create special-purpose fund enabling anyone to stay with Tesla". I think he's serious.
Short interest in Tesla on Monday stood at almost US$12 billion, equivalent to 28 per cent of its float, according to S3 Partners, a financial analytics firm. Much of that increase was driven by an earlier report that Saudi Arabia's sovereign wealth fund has bought $2 billion in Tesla stock, representing a 3-5% stake in the company.
Rae won an Emmy nomination for her performance in the 1975 TV drama " Queen of the Stardust Ballroom ", according to IMDb. Rae left the show in 1986 for health reasons, and though Cloris Leachman stepped in as Mrs.
Asked later what he'd say if he ever found himself face-to-face with Trump, he replied: "I would never sit across from him". In June, James said of Trump that "it's a lot of things that we believe in as Americans that we don't feel that he's for".
On July 31st, Mars will be 35.8 million miles from Earth, which is the closest it has been to Earth in 15 years. On August 27, 2003, Mars was just 34.6 million miles from the Earth - the nearest it had been in 60,000 years.
He drew widespread praise past year when they announced that the decades-old ban on women driving would end on 24 June. Saudi Arabia recalled its ambassador from Sweden and Stockholm cancelled a defence agreement with the Saudis.
School art supplies, textbooks, educational materials and clothing accessories such as belts and bags are still taxable. It's been advertised as beneficial for back-to-school shopping, but it's more than that.
A recent Afrobarometer survey of 2,400 people put Mnangagwa on 40 per cent and Chamisa on 37 per cent, with 20 per cent undecided. The commission said it would delay releasing any results of the presidential race until all the votes are collated.
All the batters were in trouble, even Virat Kohli , who I don't think was all that comfortable early on. India resumed the day on 110-5 chasing down England's 194-run lead but were cut short by Ben Stokes .
This makes Apple worth more than the economies of countries such as Saudi Arabia, Switzerland and Taiwan. The tech titan on Thursday became the first company in the world to reach a $1 trillion valuation.
It's a insane competition with a high level so I think every manager has the dream to come so he had the chance to come. When asked about the youngster, the Italian manager said, "He will be a very, very strong player".
But Giuliani and other Trump lawyers have repeatedly warned him about the potential challenges of doing so and delayed a decision. The meeting took place in Trump tower in NY , and the president originally claimed it concerned the issue of global adoptions .
The trading relationship between the USA and China has moved from near zero to a deficit of $US375 billion over the past 20 years. A 25% tariff would boost the cost of a range of USA imports at a time when inflation has begun to pick up.
Police say Tibbetts was last seen wearing dark colored running shorts and running shoes. Tibbetts, a University of Iowa student, hasn't been seen since July 18.
Oman issues statement on Saudi-Canada stand-off
There could be a sentiment among allies that, "Finally the Trudeau government is getting poked back in the eye by the Saudis". A Twitter account linked to the Saudi government posted an image showing a plane flying towards the skyline in Toronto.
Former Tamil Nadu chief minister Karunanidhi dies
Hardgrave Jr., Temple Professor Emeritus of the Humanities in Government and Asian Studies at the University of Texas, told CNN. Karunanidhi was first elected to the Tamil Nadu assembly in 1957 from the Kulithalai assembly of Thiruchirapalli district.
Trump Boasts About "Most Biting" Sanctions On Iran
Iran's currency has lost around half its value since Trump announced the U.S. would withdraw from the nuclear pact. Iran took a series of measures to try to limit the effect of U.S. sanctions on their economy over the weekend.
Thibaut Courtois 'makes Chelsea ultimatum'
The Blues can not afford to offload Courtois unless they find a good replacement this summer. Chelsea don't want to sell the Belgian until they've got a top-class replacement on board.
Indonesia Invites North Korea's Kim Jong-un to Asian Games
But many experts say those are neither irrevocable nor serious steps that could show the country is honest about denuclearization. Initial forensic analysis suggested that the remains were likely to be those of American service members, the US military said.
Apple hits $1,000,000,000,000
As Bloomberg pointed out , the number of shares outstanding has been falling about 1.3% per quarter as Apple buys back its shares. Other technology companies with high-flying, trendy stocks are expected to join Apple in the $1 trillion club before long.
Imran to take oath as Pakistani PM on August 11
Indian Prime Minister Narendra Modi called Khan on Monday and congratulated him on his party's victory in the elections . Khan in his victory speech had also said that better relations between Pakistan and India would be "good for all of us".