Tevez has not played for City since refusing to warm up in the club's Champions League match with Bayern Munich last year.
AC Milan have been negotiating a loan deal with the Argentine's representatives, though City are seeking a permanent transfer.
"We are not 'joking'," Moratti said.
"We think this could be a good deal. I think it's normal that we tried to investigate how things are and if there's still room for a deal."
"Now let's see if we can sign him or not."
It is understood that Tevez prefers a switch to reigning Serie A champions AC Milan.
And Milan CEO Adriano Galliani recently said the club and player had come to an agreement in Brazil.
Manchester City's reluctance to allow a loan move could see Tevez still playing at the San Siro, but with Inter instead.
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