Musk had 17 days to change his mind about taking Tesla private
The largest share buyback in history will not take place. Elon Musk said shareholders persuaded him to drop his plan to take Tesla private. Instead, the businessman promised to direct all efforts to increase the production of the new Model 3 sedan, which will allow Tesla to become a mass car manufacturer and turn a profit. In order to abandon his idea, which shocked the market, it took Musk 17 days.