Elon Musk boasts of wealth and buys Tesla shares for 1,000 million dollars | Economy

by Andrea
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Elon Musk, CEO of Tesla, bought shares of the car company for about 1,000 million dollars in recent days. The entrepreneur, who competes with Larry Ellison, CEO of Oracle, has just received a package of remuneration from the car company for about a billion dollars, if it reaches a series of objectives.

Tesla’s actions have reacted with a rise greater than 7% before the opening of the Nasdaq. In the last month, before this Monday’s session, the titles are revalued by about 20%, carrying stock capitalization to the surroundings of the 1.24 billion dollars.

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