Mr Musk said in his tweet on Tuesday that shareholders would be offered $420 (£326) per share, valuing the business at more than $70bn.
Tesla's shares were down less than one per cent at $376.31 USA in morning trading on Wednesday after closing up 11 per cent at $379.57 United States on Tuesday.
Tesla Inc said on Wednesday its board is evaluating chief executive Elon Musk's idea of taking the company private after he brought the matter up for discussion last week.
Tesla's stock has swung wildly in the past several years, hit by the company's production issues as well as Musk's own explosive remarks on Twitter that have turned off investors.
Some Wall Street analysts are skeptical of Musk's ability to gather the financial backing to complete such a deal.
"Who gives $30 to $50 billion to buy back the shares?" asked NordLB analyst Frank Schwope. The company already has a $2 billion investment from Saudi Arabia's sovereign fund as well as Tencent, which took a 5 percent stake in 2017.
China's Tencent Holdings Ltd, which took a 5-percent stake in Tesla previous year, could also be a possible partner.
Musk later tweeted that existing stockholders could choose whether to hold onto their shares or sell them to the new investors for $420 a share.
He said that would allow Tesla to "operate at its best, free from as much distraction and short-term thinking as possible".
Some on Wall Street shared that view.
Tesla Inc Chief Executive Officer Elon Musk'splan to take the electric auto maker private raised doubts among Wall Street analysts about the billionaire' s ability to gather enough financial backing to complete the deal.
Musk hasn't been quiet about his disdain for short sellers.
Six members of Tesla's board of directors issued a statement Wednesday, acknowledging that discussions have been ongoing since last week about going private. Rather, it was attributed to Brad Buss, Robyn Denholm, Ira Ehrenpreis, Antonio Gracias, Linda Johnson Rice, and James Murdoch. They did not include Mr Musk, his brother Kimbal Musk, and Steve Jurvetson, a venture capitalist.
Le cycliste a pris la fuite et est toujours activement recherché dans le quartier qui a été bouclé par les forces de l'ordre. Les faits se sont déroulés au terminus de la ligne 225 à la porte de Clignancourt dans le XVIIIe arrondissement.
It will be followed in November by other measures affecting the oil and gas sector as well as the Central Bank. Trump responded by noting that Iran could face serious consequences if it threatened the United States.
He won all 27 of the points scored while he was on first serve. "It's something we spent these last two weeks working on. Eleventh-seeded Diego Schwartzman of Argentina and 12th-seeded Pablo Carreno Busta were also first-round winners.
But there's one possible hurdle: If she's found in Canadian waters, Canadian law doesn't allow humans to feed her. Scarlet, also known as J50, was last seen in Canadian waters Saturday, on the west side of Vancouver Island.
More specifically this involves the CBOE as the decision involves a proposed rule change to allow for said listing. All but one of the 100 biggest virtual currencies tracked by Coinmarketcap.com slumped over the past 24 hours.
On the other hand, Mira talked about being a proud stay-at-home mom and said, "I am a homemaker and I am proud of the label". She also spoke about becoming a mommy for the second time and how she and Shahid are looking forward for the same.
L'EI a exécuté l'un des otages enlevés à Soueida — Syrie
Dimanche, l'OSDH et le média en ligne Soueida24 ont annoncé la décapitation d'un des otages de l'EI, un étudiant de 19 ans. De négociations ont été engagées entre les responsables de cette communauté et l'EI pour que soient libérés les otages.
NY Republican Chris Collins Arrested for Fraud
Collins' son Cameron and Stephen Zarsky, the father of Cameron Collins' fiancée, were also listed as defendants. Zarsky, too, allegedly traded on the inside knowledge and passed it along to yet more unnamed co-conspirators.