Musk Buys $1B in Tesla Stock as Board Pitches New Compensation Plan
Elon Musk's $1 billion Tesla stock purchase follows company's proposal of a pay package potentially worth $975 billion, signaling confidence amid a challenging market year.
12 Articles
12 Articles
Elon Musk has nearly recovered the billions in wealth he lost earlier this year
Elon Musk lost billions in wealth this year. He's almost got it all back.Kevin Dietsch/Getty ImagesElon Musk is close to regaining the tens of billions he lost this year, as Tesla's stock rallies.Musk's wealth and Tesla's share price fell amid his government work and declining sales.Tesla recently proposed a $1 trillion pay package for Musk, and its share price has surged.Elon Musk is not only the world's richest man again, but he has nearly rec…
Tesla analyst says Musk stock buy should send this signal to investors
Tesla CEO Elon Musk purchased roughly $1 billion in Tesla shares on Friday, and analysts are now breaking down the move as the stock is headed upward. One of them is William Blair analyst Jed Dorsheimer, who said in a new note to investors on Monday that Musk’s move should send a signal of confidence to stock buyers, especially considering the company’s numerous catalysts that currently exist. Elon Musk just bought $1 billion in Tesla stock, his…
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