Tesla to remain public, Musk says after 'funding secured' tweet
Two weeks after Tesla CEO Elon Musk tweeted about taking the company private while claiming that funding was 'secured', he has decided otherwise. Musk said the process would be more time-consuming and distracting than anticipated while investor sentiment was "please don't do this". Musk added he was advised by firms such as Goldman Sachs and Morgan Stanley on the matter.