Elon Slaps his own Target Price on $TSLA at $420

Earlier this morning, $TSLA shares saw massive price movements with shares peaking around $371/share as Elon Musk @ElonMusk tweeted out his intentions on taking Tesla Motors private through private investments.

Currently, Elon Musk acts as CEO of Tesla, among his other ventures, and retains a large number (ever-growing) of shares in his company (currently holding 19.87% outstanding stock), stating that he's secured funding to take Tesla private at $420 a share placing the company at a potential $85 billion valuation.

In response to a Twitter user @Gfilche's concerns over public investors missing out any future upside in Tesla's future, Elon stated that he hopes that all current investors remain with Tesla even if they do go private, referencing Fidelity Investment's SpaceX funding rounds.

Some speculate that he's just trolling the community at $420, nodding to cannabis culture, but subsequent tweets seemingly show Elon is as serious as ever when it comes to taking Tesla private in the near future. Watching the markets carefully now to see how Tesla performs these next few days/weeks as this news begins to further impact the direction of the market price for Tesla stock.
DISCLAIMER: I personally own 0 shares of Tesla common stock, perform due diligence when investing, never invest more than you can afford to lose /end disclaimer

https://www.axios.com/elon-musk-says-he-may-take-tesla-private-1533660768-2b3e0bb9-ed88-4097-9d1c-179196c03fdc.html
https://twitter.com/elonmusk/status/1026872652290379776