The issue of share accumulation by outsiders emerged only recently as reports that Saudi Arabia's public investment fund had built up a stake from 3 to 5 percent after its offers of purchase of new shares in Tesla were spurned by the company.
Several securities attorneys told Reuters that Musk could face investor lawsuits if it was proven he did not have secure financing at the time of his tweet.
Pentagon Restricts Use Of Fitness Trackers, Location-Tracking Apps Over Security Concerns
But Defense Department leadership stopped short of instructing troops to leave their wearable devices at home. A portion of the Strava Labs heat map from Kandahar Airfield in Afghanistan, made by tracking activities.
On Tuesday, Musk revealed on Twitter that he was considering privatizing the company after taking it public in 2010. Shares were down 3 percent in premarket trading after closing up 11 percent at $379.57 on Tuesday.
"Who gives $30 to $50 billion to buy back the shares?", asked NordLB analyst Frank Schwope. "This is out there, even for Tesla", analysts with Barclays wrote Wednesday. The company declined to comment beyond pointing to an all-employee email sent Tuesday by Musk.
In that time, Tesla short-sellers - Musk's sworn enemies - may have lost more than $800m, according to estimates from financial-technology firm S3 Partners, while his 20% stake reportedly gained $851m.
Two of the potential stumbling blocks to Musk's plan include the stock price premium not being enough to get the existing shareholders on board to support the sale and coming up short on the announced funding to complete the transition.
Liverpool finish pre-season by beating Torino
Referee Michael Oliver pointed to the spot after Sadio Mane was adjudged to have been tripped up by Gleison Bremer. Salah's driving run across the box teed the striker up for a shot which found the top corner via a deflection.
Several members of Tesla's board issued a joint statement on the company's investor-relations site.
Most analysts were skeptical, but some said a deal could materialize if Musk succeeded in lining up the right funding.
China's Tencent Holdings Ltd, which took a 5-percent stake in Tesla past year, could also be a possible partner. The transaction would amount to the largest leveraged buyout - in which a company borrows money to repurchase shares and exit the public market - of all time.
Former SEC chair Harvey Pitt told CNBC that while the USA stock market regulator permits executives of publicly listed companies to use social media to make statements about their businesses, Musk's tweet was still "highly unprecedented".
Steven Gerrard's First League Game Tainted By Ridiculous Red-Card
On Saturday Celtic began their bid for an eighth consecutive Scottish Premiership title in style with a convincing 3-1 victory against Livingston.