Decision to take Tesla private not final: CEO Elon Musk
Tesla Co-founder and CEO Elon Musk announced on Tuesday that he is "considering taking the company private" as being public "can be a major distraction" for shareholding employees. Musk, who owns about 20% of the company, clarified he didn't intend to accumulate control for himself. The decision is not final and would be subject to a shareholder vote, Musk added.