Elon Musk will buy $20 million in Tesla shares!!

in #money • 6 years ago

Confirmation of the deal comes a day after a US judge approved the settlement between Elon Musk, Tesla and the Securities and Exchange Commission (SEC).

elon-musk1-925x617.jpg

Elon Musk will acquire $20 million in Tesla shares. The electric car maker has confirmed the issuance and sale of $20 million in stock to Elon Musk during the next trading session.

The confirmation of the deal comes a day after a US judge approved the agreement between Elon Musk, Tesla and the Securities and Exchange Commission (SEC), whereupon Tesla's top official is expected to pay a fine of $20 million after being accused of fraud.

In August of this year, the manufacturer of electric and autonomous cars Tesla was sued by the US Securities and Exchange Commission (SEC) to explain the plan by founder and CEO Elon Musk to withdraw the company from the stock markets, the Fox Business Network reported.

At stake is also Musk's statement in his Twitter account on August 7: "Funding guaranteed".

Tesla

Number of units delivered to customers per quarter worldwide, by model.

T1, T2, T3, T4 - stands for Quarter 1, 2, 3, 4 respectively.

Source: Tesla on 2 August 2018

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#tesla #technology #stock-market #news
6 years ago in #money by
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     6 years ago 

    interesting move, Smoke a blunt on Camera to drop stock price, then buy it up cheap...hmmm

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     6 years ago 

    lol that's was his fault

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     6 years ago 

    I don´t know what´s going on inside the company, but I think this move shows that Elon Musk is with Tesla no matter what...

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       6 years ago 

      I can't deny it a smart move from him. No more chairman, no problem buy more shares. As long he stays with Tesla, they are fine.

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       6 years ago 

      He is a visionary, and if he is investing in his own company that should be taken as a sign of a huge development...

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         6 years ago 

        You got a 4.65% upvote from @postpromoter courtesy of @diogosantos!

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           6 years ago 

          !cheetah ban
          User refued to stop plagiarism despite of being commented by Steemcleaners multiple of times before

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             6 years ago 

            !cheetah unban
            User refued to stop plagiarism despite of being commented by Steemcleaners multiple of times before

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