• Musk says he was heeding Ark boss Cathie Wood's wishes when he scrapped the plan to take Tesla private

    12 days ago - By Business Insider

    A courtroom sketch shows Tesla CEO Elon Musk testifying this week. Vicki Behringer/Reuters
    Elon Musk says he scrapped his plans to take Tesla private after hearing from investors like Cathie Wood.
    The Ark Invest boss sent the Tesla CEO a letter signaling small investors would like Tesla to stay publicly traded.
    Musk was testifying in the trial over a 2018 tweet saying he had funding to take Tesla private.
    Elon Musk told a court he scrapped his plans to take Tesla private after getting a letter from Ark Invest's Cathie Wood and hearing that investors wouldn't like the move. The billionaire...
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