Elon Musk bought $25 million worth of Tesla stock, just a day after laying off 9% of Tesla employees (TSLA)
Wednesday, 13 June 2018 () · *Elon Musk bought about $25 million worth of Tesla stock this week.*
· *His purchases come after Musk announced to Tesla employees that the company was cutting 9% of its workforce. *
· *It could be a signal to employees and Wall Street that he's still optimistic about the future of Tesla.*
Tesla Inc Chief Executive Elon Musk said on Tuesday that a goal of building 5,000 Model 3s per week by the end of June was “quite likely” as the company’s production lines were now demonstrating the ability to build 3,500 vehicles per week.
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