Tesla has decided not to take the company of the stock exchange. In a press release published by Elon Musk, they say that most of the shareholders believe that it is best to keep Tesla as a publicly available company that stays on the stock exchange. Musk has concluded after discussing with a lot of the shareholders that to take Tesla of the stock exchange would distract the company, and require more time than first expected.
Musk still believes that it would be possible to take the company of the stock exchange, and that the company has enough funds to do so safely.
Elon Musk ends the press release by writing the following:
– Thank you to all of our investors, customers and employees for the support you’ve given our company. I’m incredibly excited to continue leading Tesla as a public company. It is a privilege. –
You can read the whole press release here