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Elon Musk buys $25 million in Tesla stock amid layoffs

MarketWatch

Tesla Inc. TSLA, +0.59% Chief Executive Elon Musk purchased more than 70,000 shares of his company while announcing layoffs of nearly 10% of employees in a reorganization. In a Wednesday filing with the Securities and Exchange Commission, Tesla disclosed that Musk had purchased 72,500 shares on Tuesday