Elon Musk ends brief flirtation with taking Tesla private, cites belief that company is 'better off'

Tesla will remain a publicly traded company, CEO Elon Musk said late Friday, just weeks after he floated the idea of going private in order to ward off short-sellers and volatility in the company's stock. In early August, Musk touched off a firestorm by saying on Twitter that he was considering taking Tesla private at $420 per share, adding that funding was "secured." In the wake of that announcement, the billionaire and his company have been buffeted by skepticism, in addition to the threat of a regulatory probe.
Read more: https://www.cnbc.com/2018/08/24/tesla-to-stay-publicly-traded-elon-musk-says-company-is-better-off.html?source=Snapzu