Tesla board member and Airbnb co-founder Joe Gebbia acquired about 4,000 shares of the automaker’s inventory, a purchase order that has a worth of about $1 million and alter, according to a regulatory filing. That’s not a major inventory buy, and positively not for the billionaire board member, as Electrek noted in its reporting.
It’s notable just because a Tesla board member making a straight buy of inventory — no gifted inventory, an train or conversion of by-product safety, or proper to purchase an possibility — is so uncommon. Gebbia now personal 4,111 shares in Tesla.
Traditionally, Tesla board members have both bought choices or offloaded inventory. James Murdoch, for example, acquired about 531,787 options in March. And board chair Robyn Denholm offered $32 million value of shares Tuesday, per a regulatory filing. Denholm, who has been chair since 2018, has offered tens of hundreds of thousands of Tesla inventory in current months. She offered inventory valued at $33.7 million in March and $43.2 million in February.