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August 25, 2018 02:22 pm GMT

Elon Musk explains why he's no longer considering taking Tesla private

Elon Musk has finally come to his senses.

The Tesla CEO and erratic tweeter has shared a new blog post explaining his decision to keep the electric car company public instead of taking it private as he had previously suggested on Twitter.

SEE ALSO: Elon Musks opens up about the toll Tesla takes on him

Though Musk initially believed taking Tesla private would allow the company to have better long-term sustainability, allowing it to focus on making great electric vehicles instead of answering to Wall Street every quarter for missing production schedules, he's now changed his mind.

Musk shared his three main reasons for keeping Tesla a publicly traded company: Read more...

More about Tesla, Elon Musk, Tech, and Transportation

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/4O2aqZqy2gU/

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