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Musk puts money where mouth is, buys $9.8 million in Tesla shares

Musk puts money where mouth is, buys $9.8 million in Tesla shares
[Photo: Flickr user JD Lasica]

Just days after Elon Musk taunted short sellers of Tesla’s stock on Twitter, the Tesla CEO has put his money where his mouth is. On Monday, Musk bought $9.85 million worth of Tesla shares, reports Bloomberg. That’s his largest purchase of shares in over a year. With that, Musk now owns nearly 20% of the company. The Tesla CEO’s beef with the short sellers originated from Tesla’s contentious financial conference call last week where Musk criticized the “dry,” “boring,” and “bonehead” questions from analysts.

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