Tesla CEO Musk Drops Pursuit of $72 Billion Privatization Deal

(From Reuters)

Tesla Inc (TSLA.O) CEO Elon Musk said late on Friday he would heed shareholder concerns and no longer pursue a $72 billion deal to take his U.S. electric car maker private, abandoning an idea that had stunned investors and drawn regulatory scrutiny.

The decision leaves Tesla as a publicly listed company but raises new questions about its future.

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