Shareholders: Feedback I and Shareholders I

shareholders: Given the feedback I've received, it's apparent that most of Tesla's existing shareholders believe we are better off as a public company, Musk wrote online, according to The Toronto Star. Although the majority of shareholders I spoke to said they would remain with Tesla if we went private, the sentiment, in a nutshell, was please don't do this.' SASHA MASLOV / The New York Times Musk met with the electric car and solar panel company's board on Thursday to tell them he thought the company should stay public and the board agreed, according to the statement. The eccentric and sometimes erratic CEO wrote in a late-night statement that he made the decision based on feedback from shareholders, including institutional investors, who said they have internal rules limiting how much they can sink into a private company. In an Aug. 7 post on Twitter, Musk wrote that he was considering taking Tesla private. The tweet said funding had been secured for the deal, but the company later said the details still had to be worked out with Saudi Arabia's Public Investment Fund. He said it would avoid the short-term pressures of reporting quarterly results. (news.financializer.com). As reported in the news.