Musk and SoftBank discussed SoftBank's investment in Tesla. SoftBank: The valuation is too high

According to people familiar with the matter, Musk and Son discussed SoftBank Group's investment in Tesla last year. The two sides met at Tesla in April 2017.

Musk and Masayoshi Son once discussed the issue of privatizing Tesla, but ultimately the matter came to nothing due to ownership disputes.

Musk’s proposed corporate structure would give him enormous control and super-voting rights over stock issues, the people said.

The two companies are not in any talks. A SoftBank spokesperson declined to comment. A Tesla spokesperson did not immediately respond to requests for comment.

When the two sides met last year, Tesla's stock price was just over $300. On Tuesday, Musk said he would consider taking Tesla private when the stock price reached $420 per share or the company's market value reached $82 billion. Subsequently, Tesla's stock price surged 11% to $379.57.

Tesla shares slipped slightly, down nearly 2 percent, following news that Musk, who owns 20 percent of Tesla, had discussed an investment with SoftBank.

The Committee on Foreign Investment in the United States has said a potential acquisition of Palo Alto, California-based Tesla by a foreign investor is likely to attract national security review. The panel has accelerated its review of some recent deals and suspended others, and it may impose conditions on transactions, including restrictions on company control and information sharing.

There is a high probability that the Committee on Foreign Investment in the United States will deny overseas investors the right to purchase a large stake in Tesla.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.