Elon Musk intends to buy $20 million of Tesla stock

Elon Musk intends to buy $20 million of Tesla stock

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/17/elon-musk-intends-to-buy-20-million-of-tesla-stock.html

Tesla chief executive Elon Musk told the electric car company that he plans to purchase $20 million of common stock during the next open trading window, according to a filing related to the CEO's settlement with the Securities and Exchange Commission.

"Separate and apart from the settlement, Elon has notified Tesla that he intends to purchase from Tesla, and Tesla expects that it will issue and sell to Elon, $20 million of Tesla's common stock during the next open trading window at the then-current market price," the filing read.