In an official blog post published on Tesla’s website, CEO Elon Musk said that Tesla stays public after all. The company went public in 2010, and Musk acknowledged that all the shareholders are “extremely important” to him. However, after talking to shareholders (large and small), Musk admits that they believe Tesla is better off as a public company.

After testing the waters, getting the pulse of shareholders and the market, Musk concludes that “there is more than enough funding to take Tesla private”. Still, after meeting with Tesla’s Board of Directors, the CEO decided that Tesla stays public. “The Board indicated that they agree“.

Read more at Pocketnow.