Elon Musk Buys $1 Billion in Tesla Stock as Board Defends His Pay

Core Insights - Tesla's CEO purchased stock following the board's proposal to potentially pay him nearly $1 trillion contingent on achieving specific performance goals [1] Group 1 - The board's proposal includes a performance-based compensation plan that could amount to nearly $1 trillion [1] - The CEO's stock purchase indicates confidence in the company's future performance and growth potential [1]