Elon Musk to buy $20 million of Tesla shares

want to Tesla CEO Elon Musk told the electric-car company, that he plans $20 million ordinary shares during the next open trading window after an application relating to the CEO settlement buy at the Securities and Exchange Commission.

@elonmusk: consider private $420 at Tesla. Funding secured.

after the ensuring firestorm, musk later said that talks with the Saudi sovereign wealth funds finance links convinced him that the financing was secured, for its proposed price of $420 per share. The SEC sued musk value securities fraud on September 27.