Tesla’s Board Has Met Several Times to Discuss Going-Private Proposal

The talks included how being a private company could ‘better serve Tesla’s long-term interests,’ several board members said

Several independent directors of Tesla Inc.’s board said Wednesday it has met several times over the past week to discuss Chief Executive Elon Musk’s proposal to take the electric-car maker private in what would be the biggest buyout in history.

“Last week, Elon opened a discussion with the board about taking the company private,” according to a statement from several board members. The talks included how being a private company could “better serve Tesla’s long-term interests, and also addressed the funding for this to occur,”...