Elon Musk Considers Taking Tesla Private in Tweet, Shares Rise

Elon Musk Considers Taking Tesla Private in Tweet, Shares Rise
A Tesla sales and service center is shown in Costa Mesa, California on June 28, 2018. REUTERS/Mike Blake
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Tesla Inc shares jumped more than 7 percent on Tuesday after Chief Executive Elon Musk said on Twitter he is considering taking the electric car maker private at $420 per share as it goes through a period of rapid growth and financial constraints.