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112 days

A Tesla board member actually bought some stock

1. Joe Gebbia acquired 4,000 shares of TSLA, valued over $1 million. 2. Gebbia's purchase is significant as it’s rare for board members. 3. Historically, Tesla board members prefer options or selling shares. 4. Chair Robyn Denholm sold $32 million in Tesla shares recently. 5. This contrasts with Gebbia's direct stock purchase approach.

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FAQ

Why Bullish?

Gebbia’s purchase indicates confidence in TSLA. Rare direct buys by board members historically provide positive sentiment.

How important is it?

The acquisition reflects insider confidence, which can influence market sentiment and attract investor interest.

Why Short Term?

Investor sentiment may temporarily react positively to Gebbia's purchase. Short-term effects as confidence can fluctuate rapidly.

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