Musk, the CEO and largest shareholder of the electric auto maker, said on Twitter on Tuesday that he has secured private funding.
The BBC has been unable to verify the post was written by Mr Musk himself, but it has pushed the shares 6% higher.
"I don't have a controlling vote now & wouldn't expect any shareholder to have one if we go private", Musk said in a follow-up tweet. "Funding secured", tweeted Musk just before 1 pm Eastern.
Tesla did not immediately respond to a request for confirmation or clarification. They did come from Musk's verified Twitter account but it's possible that someone could have hacked the account and published the tweets to manipulate share value for personal gain.
The stock was halted at $367 a share shortly after 2 p.m. (ET), as some grew concerned that Musk's tweets were an attempt at market manipulation.
While volume can stop trading, it's highly unlikely volume caused trading to be halted today because Tesla has historically had higher volume days than it was having on August 2, 2018.
A leveraged buyout of Tesla, which went public in 2010 on Nasdaq and which sports a market capitalization of almost $64 billion, or other take-private transaction would represent an abrupt change in financial strategy.
AccuWeather Alert: Heavy rain on the way for Wednesday In Maryland, more than 1,600 BGE customers were without power including 633 customers in Anne Arundel County. Meteorologists said an inch of rain fell within 15 minutes. "There may be a patch of sunshine", Lessor said.
Musk's other company, aerospace firm SpaceX, is privately owned. If Musk can't prove the allegedly secured funding at $420 per share, he may be accused of market manipulation or market fraud. Before Musk's tweet, Tesla had a market value of $58 billion, already higher than that of General Motors or Ford, even though those companies are significantly larger and more profitable.
Once private, Musk envisions setting Tesla up much like SpaceX (though he insisted the companies would remain separate): Only let external and employee shareholders buy or sell stock once every six months.
According to police, the incident took place at Bologna Casalecchio and the junction with the A14 route from Bologna to Taranto. Italian police posted a video showing the damage down to the bridge after the blast, showing a crater in the road.
House Republicans released a spending bill this month that provides $5 billion ($7b NZ) next year to build Trump's wall. We're trying to work with our colleagues, and I think border security is very important in this country.
Russo defended his decision to tape Williams's mouth shut, saying that he meant to maintain control over his court. Fox 8 reports Franklyn Williams was silenced Tuesday (July 31) when deputies placed red tape around his mouth.
A doctor who treated former U.S. president George H W Bush may have been shot dead out of revenge, police have said. Police went to Pappas' three-bedroom home in Houston , Texas, on Tuesday night but he was not there.
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At the time of publishing, we could not see Android 9 Pie update on our Pixel 2 XL , which is already running Android P Beta 4. The digital wellness features are all still in beta, and won't be included when you get the update.
The first Boeing Starliner mission to the ISS will be crewed by John Cassada , a NASA astronaut, physicist and Navy test pilot. The demonstration flights by Boeing and SpaceX will spend a short period in orbit before coming straight back to Earth.
According to the release, smoking in any area where it is not allowed will be treated as a "lease violation". The Housing and Urban Development website's guide for local housing authorities includes strict procedures.
On the first operational mission to the International Space Station, Sunita Williams and Josh Cassada would fly for Boeing . SpaceX's Post-Certification Mission for the Crew Dragon Team Victor Glover (left) and Mike Hopkins (right).
This is the Clearly White version, expected to be one of the few variants offered by both Pixel 3 handsets later this year. But unlike the iPhone, Google doesn't seem to be putting a dual-lens camera system into the back of the phone.
Filmmaker Ali Abbas Zafar said he will announce the leading lady for his upcoming directorial Bharat soon. It was a little unprofessional of her to do it so suddenly, "mid-day quoted Nikhil Namit as saying".
He added that while Russian Federation has attempted to influence campaigns in the past, "they stepped up their game in 2016". Stewart said when he made his predictions, he was asked about who he thought Russian Federation wanted to win the election.
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Red Bull and Renault's relationship has been fractured throughout the V6 turbo era, which started in 2014. "No power, no power", he said, before becoming more irate at the situation: "Can I not just keep going".
It comes from the ocean and can cause breathing problems, teary eyes, scratchy throats and make it unbearable to be at the beach. Currents may push the blooms to shore and chemical conditions on the shoreline can help the algae sustain itself.
Special counsel Robert Mueller later indicted the IRA for its "strategic goal to sow discord in the USA political system". It said that there were more than 9,500 Facebook posts created by the accounts and one piece of content on Instagram .
Saudi's foreign ministry called the statement "a major, unacceptable affront to the kingdom's laws and judicial process". The report also said all Saudi Arabian students now studying in Canada will be transferred to other countries.
Alex de Minaur has sealed a career first at the Citi Open after an unfortunate setback for former World No.1 Andy Murray . Asked after beating Copil how his body is holding up, Murray replied: "It doesn't feel great, just now". "It's not good.
The Buffalo Bills acquired receiver Corey Coleman from the Cleveland Browns for an undisclosed draft pick on Sunday. Coleman tallied just 56 receptions for 718 yards and five touchdowns in 19 games over two seasons with the Browns.
Criminals in the comfort of their own homes could fire up their computer, download a file and use a printer to make a gun. In June, the State Department, now led by Trump Secretary of State Mike Pompeo , settled the case with Wilson.
Manchester United manager Jose Mourinho is without 17 players as his preseason problems continue to grow. Tottenham manager Pochettino is now the favourite to replace Mourinho if the Portuguese boss leaves.
Rudy Giuliani, the president's personal lawyer, has indicated that Mr Trump could pardon Mr Manafort should he be found guilty. But Manafort doesn't appear to have "valuable enough information to make these charges go away altogether", Griffin said.
All of them said they voted for Trump and claimed that the trade policies were negatively impacting their bottom lines. USA soybean production has doubled since the mid-1990s and total exports have doubled since the mid-2000s.
Housing remained a weak spot in the economy amid signs that the sector is poised for its broadest slowdown in years. It's also more than double the 2 percent annualized growth reported in 2018's first quarter.