Elon Musk Now Owns More Than 1/5th Of Tesla, Has Taken $2.1 Billion Hit This Year

The Los Angeles Times recently reported that Elon Musk, CEO of Tesla Motors, increased his stake in Tesla to about 22% (29 million shares). At a market cap of some $19.7 million (as of yesterday’s close/February 11th), the CEO’s share is worth about $4.3 billion at today’s prices. With Tesla’s slide… …read more