Elon Musk responds to Tesla pay proposal by buying $1 billion worth of stock
via theverge.com
Short excerpt below. Read at the original source.
Elon Musk is responding to the unprecedented pay package proposal from Tesla’s board of directors by increasing his stake in the company. Musk bought $1 billion in Tesla stock through an irrevocable trust on September 12th, according to a regulatory filing released Monday. Tesla shares were trading up over 5 percent on the news, pushing […]