"Funding secured", Musk said on Twitter.
A spokesman for Tesla did not immediately return a request for comment.
Brett Kavanaugh Hits Hurdle On Road To Supreme Court
Orrin Hatch (R-UT) on Thursday lashed out at Democrats for holding up Judge Brett Kavanaugh's nomination to the Supreme Court. The documents being compiled are only the initial request from Republicans.
"Am considering taking Tesla private at $420". He implied the funding values the company at $420 a share.
His asking price of $420 would be 22 percent of Monday's closing share price, and almost 9 percent above the stock's all-time closing high of $385.
Tesla now has a market value around $60 billion, which would make its take-private price tag about $80 billion, Galloway said.
England | Test | Sam Curran
The 29-year old surpassed his previous best score of 39, which he hit in the third Test of the 2014 England tour. MORNING SESSION: England were only able to add two more runs to their overnight score.
While Musk is known for making erratic tweets, he tweeted "420" in a reply to Fox Business anchor Liz Claman, following up on his initial tweet.
Some outlets are questioning whether or not the tweet came from Musk himself, but considering how Tesla's stock price reacted to the tweet (at the time of writing, it's up nearly $20 per share over its opening price), it could be just another way to keep burning the folks shorting Tesla stock, who have been the target of many Musk tweets in the past. The tweet prompted questions about how serious Musk's intentions were. They were initially driven higher after the Financial Times reported Saudi Arabia has quietly built a big stake in Tesla.
Tesla has spent millions as it reached a goal of producing 5,000 Model 3 sedans per week by the end of June.
Samsung Electronics' growth stalls in Q2-INSIDE
Samsung's DP business posted operating profits of KRW0.14 trillion on revenues of KRW5.67 trillion for the second quarter. By segment, the chip business accounted for 6.1 trillion won, followed by the display division with 1.1 trillion won.