tesla private. phil lebeau is live in miami with more on that story. leslie has the latest on possible funding phil, we'll kick it off with you. >> let's be clear. this is not a formal proposal. i was on the flight today down to miami i get off the flight a guy stops me and says what do you think about the proposal to take tesla private there is no formal proposal. it's elan musk saying maybe we should be a private corporation at $420 a share. that's what he tweeted out last week here are the latest developments as you mentioned, the board of directors for tesla has formtd a special committee. that special committee is made up of three directors. brad buss, robin denhomo, and linda johnson rice there is no formal proposal yet. this is the committee, though, that will analyze when elan musk does come forward with a proposal in terms of the details that are being offered up, and potentially if the board decides is it going to explore this on its own separate from elan musk that's what...