Tesla to remain public, says Musk weeks after suggesting to go private

Musk had on August 7 tweeted that Tesla has secured funding and that he was willing to go private at $420 per share

AFP/PTI  |  New York 

Elon Musk
File photo of Tesla Motors Inc Chief Executive Elon Musk

in a blog post said that his company would continue to be publicly traded, weeks after suggesting that he would take the private.

Musk met with Tesla's on Thursday "and let them know that I believe the better path is for to remain public. The Board indicated that they agree," he wrote on the company blog.

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First Published: Sat, August 25 2018. 10:40 IST