According to Business Insider. Elon Musk believes that there is "more than enough" funding to make Tesla a private company, but decided not to because investors told him pleaded him not to do so. Musk announced his intention to keep Tesla as a publicly-traded company on Friday. In a blog post on Tesla's website, Musk explained his reasons and said money wasn't one of them. Musk said his main motivation for keeping Tesla public was entreaties from shareholders.