So it will take some very deep pockets to buy up all of Tesla's publicly held stock. In that same tweet, he claimed that he has already secured the funding for doing so.
When another person tweeted that going private "saves a lot of headaches", Musk replied, "Yes".
Crunch Eden Hazard and Thibaut Courtois talks planned for TODAY
Chelsea boss Maurizio Sarri admitted on Friday he was unsure if Courtois, who is yet to feature in pre-season, would return to the club he joined in 2014.
Paul Huettner, an associate at a financial advisory firm that specializes in restructuring and bankruptcy, said in a call that announcements like this are normally done after markets close. Musk owns almost 20pc of the company.
One block of 714 Tesla call options, betting on the shares rising above $365 by the end of the week, were bought for 85 cents, for a total outlay of $60,690 at 12:21 p.m. EDT. Joke or no, the tweet bumped Tesla's stock even higher. I think he's serious.
Last week, when the company shared its second-quarter earnings, investors were hopeful that Musk had turned over a new, less-erratic leaf after he apologized for his weird past behavior.
Facebook wants banks to share your personal finances
But they also said they were stepping lightly because of possible customer concerns about data security and privacy. In return for financial data, Facebook is offering banks a presence on its Messenger app, sources told The WSJ .
"The Securities and Exchange Commission issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information", the commission wrote in a 2013 press release.
Fortune has yet to ascertain the veracity of the tweet, and will update this article once Tesla responds.
For current shareholders, Musk said he would institute a provision ensuring that their stock be converted into private shares, adding he would 'ensure their prosperity in any scenario'.
Demi Lovato’s reported overdose was meth, not heroin, new reports say
The publication reported sources close to Lovato said the overdose was not heroin-related, as had been reported previously. Luckily, a spokesperson said yesterday that Lovato was "awake and with her family" after her ordeal.