Elon Musk announced on Friday that he no longer wants to make Tesla a private company. In a blog explaining why he made the decision, Musk insisted he could fund the move, despite widespread skepticism. Instead, he said that investors persuaded him that Tesla is better as a public company. He summarized the reaction from shareholders as "please don't do this." Elon Musk believes that there is "more than enough" funding to make Tesla a private company, but decided not to because investors told him "please don't do this."