Tesla to remain public, says Musk weeks after suggesting to go private

Musk had on August 7 tweeted that Tesla has secured funding and that he was willing to go private at $420 per share

Tesla CEO Elon Musk in a blog post said that his company would continue to be publicly traded, weeks after suggesting that he would take the electric carmaker private.

Musk met with Tesla's board of directors on Thursday "and let them know that I believe the better path is for Tesla to remain public. The Board indicated that they agree," he wrote on the company blog.