Elon Musk has Now Made over $100 Million on SEC Settlement

Remember how Elon had to buy $20M in Tesla shares after the “funding secured” SEC settlement? Well, the profits on that purchase are now more than double what the entire fine cost.

Fate loves irony indeed.

3 thoughts on “Elon Musk has Now Made over $100 Million on SEC Settlement

  1. I may be wrong, but from my recollection, he had to pay the SEC $20M and TESLA had to pay $20M. He then bought $20M of shares to compensate Tesla. He would have had to borrow the $40M. So technically, he made $60M so far less the interest he had to pay on the $60M.

    Elon is an all-in kinda guy. And for some, that pays off big time!

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