Article 3XFEV Tesla stays public after investors tell Musk: 'please don't do this'

Tesla stays public after investors tell Musk: 'please don't do this'

by
Sarah Marsh
from Technology | The Guardian on (#3XFEV)

Shareholders persuade entrepreneur electric carmaker is better off on stock market

Elon Musk has abandoned his plan to take Tesla private, and said shareholders had persuaded him against the idea.

The electric carmaker's founder shocked investors earlier this month after tweeting that he was considering taking the company, which floated in June 2010, private.

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