Elon Musk announces Tesla will remain a public company

• Tesla CEO Elon Musk announced on Friday night that he is no longer seeking to take the company private, ending weeks of speculation over the proposal Musk first announced on Twitter.
• Musk said that, after discussions with existing shareholders and financial advisors, he learned there was little appetite for such a move.
• "After considering all of these factors, I met with Tesla's Board of Directors yesterday and let them know that I believe the better path is for Tesla to remain public. The Board indicated that they agree," wrote on Tesla's blog.

Read Elon Musk's full statement below:

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