Also written by Matt Weinberger (Mweinberger@Businessinsider.Com):
Microsoft CEO Satya Nadella says he Voted Against Steve Ballmer's $7.6 Billion Nokia Mistake
x hide permanently

Elon Musk Bought $25 Million Worth of Tesla Stock, Just a Day After Laying Off 9% of Tesla Employees

Business Insider


  • Elon Musk bought about $25 million worth of Tesla stock this week.
  • His purchases come after Musk announced to Tesla employees that the company was cutting 9% of its workforce.
  • It could be a signal to employees and Wall Street that he's still optimistic about the future of Tesla.

Tesla Motors CEO Elon Musk has personally purchased about $25 million worth of stock in his own company, according to a filing with the SEC on Wednesday.

Mentions: SEC Tesla Wall Street