Markets

Could Tesla Go Private? Stock Jumps After Unconfirmed Tweet

Tesla shares surged over 7 percent to $367.25 on Tuesday after Elon Musk, CEO and co-founder, tweeted that he is considering taking the company private. "Am considering taking Tesla private at $420. Funding secured," the tweet read. At $420 a share, Tesla's market value would be about $71 billion. A report by the Financial Times [...] Read more on ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ETFs