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Elon Musk confirms $25 million TSLA purchase, boosts Tesla stake to nearly 20%

  • Teslarati faviconTeslarati

    By Simon AlvarezMay 7, 2019, 9:26 am124 pts
    photo of Elon Musk confirms $25 million TSLA purchase, boosts Tesla stake to nearly 20% imageIn a regulatory filing late Monday, Tesla CEO Elon Musk confirmed that he had purchased a total of $25 million worth of TSLA stock in a public offering. Musk’s purchase was teased last week after Tesla announced that it was raising capital, which was followed by reports stating that the CEO was showing…
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