Elon Musk Says He Has Not Sold Tesla Stock in 3 Years, Bought USD 1 Billion Worth of Shares Last Year To Bolster Investor Confidence
Elon Musk said on X that he has not sold stock for about three years and bought a billion dollars’ worth of Tesla shares last year. Posted early Sunday GMT, the comment drew strong engagement and debate, reinforcing Musk’s long-term commitment amid Tesla’s volatility and shifting AI and EV market dynamics.
In a recent post on X, Elon Musk stated, “I have not sold stock for about three years and bought a billion dollars’ worth of Tesla stock last year.” This comment was made in response to an ongoing conversation addressing concerns about his financial moves amid Tesla’s volatile market performance. Posted early on Sunday GMT, the tweet has garnered over 6,000 likes and hundreds of replies, sparking discussions about investor confidence. Musk’s affirmation highlights his commitment to Tesla, particularly following last year’s significant purchase, amid scrutiny from regulators and shareholders. Analysts note that this could bolster Tesla’s stock, which is currently trading amid shifts in the AI and EV sectors. No further details were provided, but the post underscores Musk’s long-term stake in the company. Tesla To Discontinue One-Time FSD Purchases After February 14; Full Self-Driving To Be Available Only via Monthly Subscription: Elon Musk.
Elon Musk Says He Bought USD 1 Billion Worth of Shares Last Year
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