The brief statement by six of the nine board directors said that the discussions about taking the company private had also "addressed the funding for this to occur".
In that time, Tesla short-sellers - Musk's sworn enemies - may have lost more than $800m, according to estimates from financial-technology firm S3 Partners, while his 20% stake reportedly gained $851m.
"What does Musk mean by 'funding secured?"' asked Toni Sacconaghi, an analyst at Bernstein who has always been bearish on Tesla shares.
Two of the potential stumbling blocks to Musk's plan include the stock price premium not being enough to get the existing shareholders on board to support the sale and coming up short on the announced funding to complete the transition. There are no active talks between the companies now, said the people, who asked not to be identified discussing private deliberations. Korus said he would need more details from Musk to judge whether a buyout offer would be practical and at what price it would be attractive.
'Being public also subjects us to the quarterly earnings cycle that puts enormous pressure on Tesla to make decisions that may be right for a given quarter, but not necessarily right for the long-term, ' Musk wrote in a letter to employees. Of course, going private probably won't require anywhere near that much money, based on how Musk wants it all to go down.
The six board members who issued the statement on Wednesday included James Murdoch, chief executive of Twenty-First Century Fox Inc. and Brad Buss, who was the chief financial officer of solar panel maker SolarCity until it was bought by Tesla in 2016.
Former SEC chair Harvey Pitt told CNBC that while the U.S. stock market regulator permits executives of publicly listed companies to use social media to make statements about their businesses, Musk's tweet was still "highly unprecedented".
Other board members mentioned in the statement included Robyn Denholm, Ira Ehrenpreis, Antonio Gracias and Linda Johnson Rice.
In the span of just under a minute, the gentleman can be seen nearly daring the bison to charge him, which it appeared to do. Superintendent Dan Wenk is quoted as saying: "The individual's behavior in this video is reckless, dangerous, and illegal".
USA crude inventories rose 3.8 million barrels last week, according to data from the Energy Information Administration. Brent crude , the global benchmark, was up 0.2% at $73.61 a barrel on London's Intercontinental Exchange.
Why does his tweet matter? Another of Mr Trump's tweets over the weekend appears to have stirred trouble at... Trump that that ruling only says you can't be prosecuted while in office", Rubin explained.
After throwing insults at both men, Trump also mentioned that he likes "Mike", which is nearly certainly a reference to Jordan. The school was designed for marginalized children who will attend free of tuition and expenses.
Hardgrave Jr., Temple Professor Emeritus of the Humanities in Government and Asian Studies at the University of Texas, told CNN. And in a career spanning 80 years, he wore different hats - a student leader, scriptwriter, orator and politician.
JU-Air runs sightseeing tours on its squadron of German-made vintage aircraft from Dübendorf military airfield near Zurich . On its website, JU-Air mentions one past accident, in 1987, at the Koblenz airport in Germany in which no one was hurt.
They have had to be patient, but it looks like Liverpool midfielder Naby Keita may have been worth the wait. "But they've got to, not just get out of the group stage, but get one or two rounds further in".
Within hours, White House economic adviser Larry Kudlow promised Trump wouldn't back down until China changed its trade practices. The full lists of products being considered for 5%, 10%, 20% and 25% retaliatory tariffs can be found here (in Chinese).
"I want to speak to him before I answer these questions", he said when asked if Willian had returned to training on Wednesday. He was less conclusive about Courtois, who has one year remaining on his contract and is also wanted by Real.
Trump Jr.: Meeting was a 'bait and switch'
Sekulow asked on ABC News' "This Week," implying no laws prohibit campaign aides from meeting with foreign agents. So today's breathless headlines are, as the Powerline blog's Paul Mirengoff called them , "fake news".
The Latest On Major Fires Burning In Northern California
In Shasta County, the Carr fire located near Redding, California has burned entire neighborhoods and forced thousands to flee. Meanwhile, new evacuations were ordered Saturday near twin fires burning in Mendocino and Lake counties.
United confident of Alderweireld switch
Manchester United were initially linked with Alderweireld but Spurs' asking price of £75m proved a big stumbling block. Sunday Times reporter Castles believes Manchester United could make a fresh bid to sign the 29-year-old.
China appeals for United States calm after new tariff threat
In response to the earlier reports of the move, Chinese Foreign Ministry spokesman Geng Shuang decried the tactics as "extortion". President Trump wants to reduce this deficit and has planned to implement tariffs against certain Chinese imports.