Elon Musk is planning to spend $20 Million to buy Tesla stock

Tesla CEO Elon Musk is planning to purchase $20 million worth of stock in his own company. The news comes via a filling made on Wednesday in response to the electric carmaker’s recent spate with the U.S. Securities and Exchange Commission.

This information comes via a 8-K document, that details a settlement agreement between Musk, Tesla and the SEC. The settlement has received the final approval from a judge on Tuesday, and is now in effect. It involves Musk and Tesla playing $20...

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