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Trusted local news leader for Prescott area communities since 1882
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FILE- In this June 14, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Musk says he is considering taking the electric car maker private. Tesla’s stock spiked Tuesday, Aug. 7, after Musk made the abrupt announcement in a terse tweet. (Kiichiro Sato/AP Photo, file)

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Tesla CEO drops latest bombshell with $72B buyout proposal

SAN FRANCISCO — Tesla CEO Elon Musk is considering leading a buyout of the electric car maker in a stunning move that would end the maverick company's eight-year history trading on the stock market.