Tesla said the purchase is 'separate and apart from the settlement' between Musk, Tesla and the SEC.
Reuters
@moneycontrolcom
Tesla Chief Executive Officer Elon Musk will purchase company stock worth $20 million in the next open trading session, the electric carmaker said in a filing on October 16.
The news comes weeks after Tesla and Musk agreed to pay $20 million each as fine as part of a settlement with the US Securities and Exchange Commission.
Tesla said the purchase is 'separate and apart from the settlement' between Musk, Tesla and the SEC.
First Published on Oct 17, 2018 06:40 pm
