Elon Musk's $1 Billion Tesla Stock Purchase Boosts Shares Amid Market Optimism

1 min read
Source: The New York Times
Elon Musk's $1 Billion Tesla Stock Purchase Boosts Shares Amid Market Optimism
Photo: The New York Times
TL;DR

Elon Musk bought around $1 billion of Tesla stock, his first purchase in over five years, amid a proposed compensation plan that could pay him nearly $1 trillion if certain ambitious performance goals are met, leading to a rise in Tesla's stock price.

Share this article

Want the full story? Read the original reporting

Read on The New York Times