Insider buying is often touted as a high-quality indication of the confidence that managers retain in their company, with the ensuing favorable optics elicited from the very act of staking one’s personal wealth on the success of the enterprise. Now, after a 5-year drought, Tesla can again boast of the insider buying activity in its shares. BREAKING: Tesla board member Joe Gebbia (co-founder of Airbnb) has purchased $1.02 million of $TSLA stock, the first time an insider has purchased Tesla stock in ~5 years. pic.twitter.com/nkJWaOgVM6 — Sawyer Merritt (@SawyerMerritt) April 28, 2025 To wit, Joe Gebbia, who is the co-founder […]
Read full article at https://wccftech.com/elon-musk-hails-the-tesla-insider-who-bought-1-02-million-worth-of-shares-ending-a-5-year-insider-buying-drought/
