A Tesla board member actually bought some stock

Summary of Key Points Core Perspective - The acquisition of approximately 4,000 shares of Tesla stock by board member Joe Gebbia, valued at about $1 million, is notable due to the rarity of direct stock purchases by Tesla board members [1][2]. Company Actions - Joe Gebbia now owns a total of 4,111 shares in Tesla following his recent purchase [2]. - Historically, Tesla board members have favored options or stock sales over direct purchases, with notable examples including James Murdoch acquiring about 531,787 options in March and board chair Robyn Denholm selling$32 million worth of shares recently [3]. Market Context - Robyn Denholm has been actively selling Tesla stock, with significant sales of $33.7 million in March and$43.2 million in February, indicating a trend among board members to liquidate shares rather than acquire them [3].