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 price of about $1 million and alter, in response to a regulatory submitting. That’s not a big inventory buy, and definitely not for the billionaire board member, as Electrek famous 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 spinoff safety, or proper to purchase an choice — is so uncommon. Gebbia now personal 4,111 shares in Tesla.
Historically, Tesla board members have both bought choices or offloaded inventory. James Murdoch, for example, acquired about 531,787 choices in March. And board chair Robyn Denholm bought $32 million value of shares Tuesday, per a regulatory submitting. Denholm, who has been chair since 2018, has bought tens of tens of millions of Tesla inventory in current months. She bought inventory valued at $33.7 million in March and $43.2 million in February.
