Freaked out by Elon Musk's exuberant tweets Tesla board is lawyering up

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In a wide-ranging conversation in which the Times reported Musk choked up multiple times, the Tesla Motors and SpaceX spoke of working 120 hour weeks, spending his entire birthday in the Tesla Factory and almost missing his brother's wedding.

Musk wrote on Twitter last week of his plans to take the company private for a price of $420 per share, writing that he had "funding secured".

Early 2017: Mr Musk met Saudi Arabia's sovereign wealth fund.

In his Times interview, Musk says he's been suffering "at least a few months of extreme torture from the short-sellers, who are desperately pushing a narrative that will possibly result in Tesla's destruction".

Some board members are angry about the move, weighing whether to add a second-in-command at Tesla to take the pressure off Musk over concerns about his workload and use of Ambien, the Times reported.

As Tesla struggled to meet production goals for its Model 3 earlier this year, Musk ended up sleeping at the factory. He acknowledged using Ambien, saying, "It is often a choice of no sleep or Ambien".

"I'm excited to work with Silver Lake and Goldman Sachs as financial advisors, plus Wachtell, Lipton, Rosen & Katz and Munger, Tolles & Olson as legal advisors, on the proposal to take Tesla private", Musk tweeted.

Tesla's board has moved to clarify Musk's comments by saying it hasn't received a formal outline of a plan to go private from Musk and hasn't reached a conclusion about whether going private would be achievable for the vehicle maker.

"I thought the worst of it was over - I thought it was", he said.

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First I'm blessed with an incredible future brother-in-law, and now such an lovely , inside and out, future sister-in-law". Each posted the same picture, a close-up of them gazing lovingly at each other, an engagement ring on Chopra's finger.

Nearly a week later, the CEO said the basis for that statement were conversations with Saudi Arabia's Public Investment Fund, which first expressed interest in helping take the company private in early 2017.

Musk's revealing interview, and the subsequent reports about Tesla, gave the internet a lot of material for jokes and reactions. Is there someone who can do the job better?

"It's not been great, actually", he said.

The market response to the Times interview, however, suggests that Tesla without Musk might be a very different company. "I definitely did not get calls from irate directors".

Investors betting against Tesla raked in about $1 billion on Friday, according to data from the analytics firm S3 Partners.

"There have been many false and irresponsible rumors in the press about the discussions of the Tesla Board", Tesla said in a statement. "They can have the reins right now", he told the paper.

Recent developments put board members in a hard position because Musk, who entered Tesla as a major investor and built the company into a force that has changed the perception of electric cars, is the company's public identity.

Tesla has been public since 2010, but Musk has previously said he would like to take Tesla private.

According to The Journal's reporting, the securities regulator is probing whether the Tesla misled investors about the Model 3's production status. He made the announcement via Twitter, he said, because he wanted all Tesla investors to know about the possibility of Tesla going private at the same time.

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