Elon Musk buys $10 million worth of Tesla shares
Tesla CEO Elon Musk has bought 33,000 shares of Tesla for a price of $9.9 million. Musk already holds about 22% of the company’s shares and this was the first purchase of Tesla stock Musk has made recently. Musk’s purchase comes at a time when he ignored two Wall Street analysts’ questions calling them boring. Consequently, Tesla shares plunged. News of Musk’s own purchase has caused the shares to rebound.
