August 8, 2018 / 1:16 PM / 11 days ago

Tesla's board says Musk started go-private talks last week

Aug 8 (Reuters) - Tesla Inc Chief Executive Elon Musk had opened a discussion with the board last week about taking the company private, some board members said in a statement on Wednesday.

“This included discussion as to how being private could better serve Tesla’s long-term interests, and also addressed the funding for this to occur,” the statement added. (Reporting by Supantha Mukherjee in Bengaluru Editing by Saumyadeb Chakrabarty)

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