Musk invests $9.85 mn in Tesla, now owns 20% stake in firm
Billionaire and CEO of Tesla Elon Musk has bought about $9.85 million worth of the electric automaker's shares, his biggest purchase since March 2017, according to filings. Musk, who was already Tesla's largest shareholder, now has 20% stake in the company, the reports said. Last week, Tesla posted a record revenue at $3.4 billion in the first quarter of 2018.