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

Reuters Last Updated at 08-08-2018 19:01:35 IST

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.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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