Elon Musk purchases $1 billion in Tesla shares following massive pay proposal — here’s how it’s impacting the company
Elon Musk sent Tesla shares soaring to their highest level since January after purchasing roughly $1 billion worth of the company’s stock, Bloomberg reported in mid-September. The price jump brought Tesla’s shares into positive territory for the year. The purchase represented Musk’s first acquisition of Tesla stock since February 2020, according to Bloomberg. In 2022,…