Elon Musk Spends $1B on Tesla Shares, Small Step Toward 25% Control
Elon Musk just spent $1 billion on Tesla shares. It’s only a small step toward tightening his grip on the EV maker. Tesla’s CEO bought around 2.6 million shares of the EV maker on Friday, a regulatory filing revealed on Monday. The purchases increased his share count by just 0.6% to around 413 million shares,…