During the conference call accompanying the results, Mr Musk said he expected the company to avoid going back to the markets for capital and to be "essentially self-funding on a go-forward basis".
What seemed like a joke at first may be serious and as the company's stock price went insane, trading had been halted.
Musk and his luxury automaker have been under enormous pressure to overcome repeated delays and deliver on promises of producing 5,000 of Tesla's more affordable Model 3 cars per week.
Mr Musk has been under intense pressure this year to prove he can deliver on his promise to turn his money-losing company into a profitable higher-volume manufacturer.
"My hope is all current investors remain with Tesla even if we're private", Musk tweeted.
"The short position is the best thing the stock has going for it. "Musk vs The Shorts" is a far better narrative than 'Tesla vs Mercedes/Audi/Porsche, '" Chanos said.
But time and again Musk and Tesla have been given more time to achieve success. On the other hand, many of Tesla's most passionate backers bought stock because they believe the price will eventually go to stratospheric levels.
When asked on Twitter whether he was serious, Musk replied: "Yes.It saves a lot of headaches". He also said he does not now have a controlling vote in the company and wouldn't expect a single shareholder to have one if the company were private.
$420 per share would be a significant premium on where Tesla is now trading, and also its performance over the first half of the year.
Initial evidence indications that Tesla did not immediately respond when the PIF's initially expressed interest to CEO Elon Musk.
The Financial Times is reporting that Saudi's Public Investment Fund (PIF) has built a significant stake in Tesla - to the tune of between 3% and 5% of the all-electric vehicle maker's shares this year.
Beyond skyrocketing Tesla's valuation to over $70 billion at $420 a share, taking the company off of the public markets would relieve some of the pressures of having to report earnings and face volatility from traders, thus giving the company better financial footing.
"He originally brought Tesla public in 2010, given he could no longer personally finance its growth, and has continually expressed his frustration with the company being public".
He also said trading its stock publicly "means that there are large numbers of people who have the incentive to attack the company".
Shares of Tesla closed up 11% after being briefly halted in trading by the Nasdaq to release the letter.
Gene Munster, managing partner at Loup Ventures and a top tech analyst, said the odds that Musk will take Tesla private were about one in three.
His US$12b Tesla stake would presumably be rolled into the private enterprise.
This is especially true for a company like Tesla that has a long-term, forward-looking mission.
His asking price of $420 would be 22 percent of Monday's closing share price, and almost 9 percent above the stock's all-time closing high of $385.
While it is unlikely the SEC will take action on Tuesday's tweet, there are a group of investors who are likely to sue.
Under cross examination, she said at the time she believed Manafort was directing Gates' actions and "knew what was going on". Manafort has pleaded not guilty to 18 bank and tax fraud charges and failing to disclose foreign bank accounts.
It was flying a group of 17 Swiss nationals and a three-member family from Austria on a sightseeing tour for the company JU-AIR. Swiss media have been citing plane experts' speculations that the current heat wave may have contributed to the crashes.
That has led to criticism from some supporters that money is the major motivating factor - a notion rejected by Henrotay. The 26-year old Courtois want the move to happen but is reluctant to do anything unnecessary to hurt the team.
The president also blasted Democrats claiming they're pro-crime specifically calling out California Democrat Maxine Waters. It was unclear Saturday why Hicks, who left the White House in March, was accompanying the president's team.
Indonesia is an archipelago of thousands of islands, which sit on the Pacific Ring of Fire , a seismic activity hotspot. An ambulance is seen near the Golden Palace Hotel after an quake hit Lombok Island, Indonesia, on Sunday.
The case has been followed closely by America's evangelical Christian community, a key part of President Trump's support base. US Secretary of State Mike Pompeo said Saturday he was "hopeful that in the coming days" Turkey would free Brunson.
But with the violent weekend becoming a national issue, Johnson never even touched on what development had been achieved. Of the wounded who gave their age, the oldest was 62 and the youngest 11, according to police records.
The source said: 'The possibility of a reunion has been discussed and Meghan looks set to incorporate it into her trip. The royal couple were attending the wedding of the prince's long-time friend Charlie van Straubenzee to Daisy Jenks.
Before the acting career, she seriously took a great interest in calligraphy and even worked as a freelance calligrapher. And it's not the first time Kate has recommended one of her hero products to a friend.
Israel PM defends law in face of Druze outrage
People take part at a protest march against the proposed Nation-state Law in Tel Aviv on July 14, 2018. For instance, Arabic has been reclassed as a special language whereas before it was official.
UFC 227: Dillashaw vs
Another Dillashaw right - it landed more like a clothesline than a punch - had "No Love" teetering on the brink. I want to fight the victor at 135 pounds and I deserve it.
Man Taunts Bison in Yellowstone National Park
Unsurprisingly, the man's actions prompted the bison to charge at him twice in a row, creating panic among the bystanders. After a night in jail, Reinke was released on bond - and that's when he headed to Yellowstone, rangers said .
Samsung leaks video of its new iPhone killer
The video, that has now been taken down, teases and also confirms some of the top features of the Galaxy Note 8 successor. Last year, Samsung set a new record for its smartphones, launching the Galaxy Note 8 for an eye-watering $1,499.
Chelsea boss Sarri confirms crunch Willian talks
But he insists there was no issue and Sarri remains confident Willian will be at Stamford Bridge when the transfer window closes. I think it will be a good game. 'At the moment Courtois is the goalkeeper of Chelsea , ' said Sarri. 'So, I don't know.
Carr Fire evacuees return home, some find ashes
Bulldozer operators and their machines build containment lines while battling the River fire in Lakeport, California on July 31. Thousands of Carr Fire victims in Shasta County have been taking the first steps toward getting their lives back in order.
Pedro Extends One-Year Contract With Chelsea
Or one of the best for sure'. "Maybe it was hard for the last three days, intense, so maybe this match he was a bit exhausted ". It was a very positive conversation so I am happy about it. "At the moment Courtois is the goalkeeper of Chelsea ", said Sarri.
Has SpaceX Aced Boeing in Space Race?
Eight NASA astronauts will be assigned to initial test flights and the following missions to the International Space station. After that, the companies will become eligible for many years' and billions of dollars' worth of future NASA missions.