Elon Musk bought $45M in Tesla stock since ‘that weed joke’ — now it’s worth double

Elon Musk bought $45M in Tesla stock since ‘that weed joke’ — now it’s worth double


Remember when Elon Musk wound up in big trouble for joking about taking Tesla private if its stock price hit $420 — all to (allegedly) impress his pop-star girlfriend Grimes? That turned out to be arguably the most costly tweet of all time. Not only did Musk and Tesla each have to pay $20 million in civil penalties, but the SEC’s security fraud settlement also demanded that he step down as the company’s chairman for at least three years. Am considering taking Tesla private at $420. Funding secured. — Elon Musk (@elonmusk) August 7, 2018 In an apparent response to being…

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