Published: August 24, 2018
Shareholders persuade the maverick entrepreneur that electric carmaker is better off on the stock market
The electric carmaker Tesla will remain a public company after shareholders persuaded its founder and chief executive Elon Musk that he should not take it private.
Musk said in a statement on Friday night that he made the decision based on feedback from shareholders, including institutional investors, who said they had internal rules limiting how much they could sink into a private company.
Continue reading...from The Guardian https://ift.tt/2BMnDIJ
via
0 Comments