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Tesla will no more be a Private Company - Elon Musk


Picture of Elon Musk, from BBC News Website

Earlier this month the CEO of Tesla made a huge announcement on his twitter account about taking Tesla private.

Tweet by Elon Musk

This made some people angry, while others supported Elon's idea. This also made Tesla's stocks go down by 20%. And it was a hot topic on the internet. Some people weren't happy as Elon did this without informing the shareholders and so some did take this to the court. However, Elon Musk just canceled this plan after a board meeting on Thursday. He told the board that he had a better path for Tesla and that was to stay public, and the board agreed.

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