Updated: Elon Musk considering taking Tesla private, TSLA stock trading halted
Update: 3:53 pm EST: Tesla stock is now trading again. Update 3:44 pm EST: Tesla released a statement that was emailed to employees earlier today laying out the potential of taking Tesla private at $420 per share in a bid to insulate the company from news fluctuations on its capital. Elon Musk shook both the Internet and financial industry Tuesday as the man in charge of Tesla [NYSE: TSLA] tweeted about taking Tesla private and buying back the stock at $420 per share.