The move, seen by many as a strategic manoeuvre by Mr Musk to show his optimism over Tesla's future, prompted shares to push higher in after-hours trading.
Business magnate, investor, engineer, eccentric billionaire, Tesla (TSLA) co-founder and CEO, Elon Musk, purchased upwards of 70,000 shares of the company, simultaneous with his announcement of layoffs of nearly 10% of employees. "Tesla has grown and evolved rapidly over the past several years, which has resulted in some duplication of roles and some job functions that, while they made sense in the past, are hard to justify today", the email reads. The company did not say how much money the cuts would save.
Tesla CEO Elon Musk bought 72,500 shares of his company this week, according to Security and Exchange Commission filings.
Musk said that the job cuts are part of Tesla's restructuring process.
Several Wall Street analysts anticipate a capital raise this year despite Musk's statements that it will not be necessary due to profitability and positive cash flow in the third or fourth quarters.
The 22-year-old was on fine form for Villa last season, featuring in 34 games across all competitions. Jack grealish is worth more to villa than 15m he's not replaceable at villa elsewhere he would be.
If all of the glaciers on the southern continent were to melt then sea level would rise by 58 meters (190 feet). The findings should dispel any lingering doubts that the continent's ice mass is shrinking, the authors said.
Strom didn't expect to go viral, but she's not surprised. #winstock2k18kickedmyass, ' she wrote across the photo. Officials said she got her head stuck in a truck's exhaust pipe near the Winstock Music Festival in Winsted.
Both will play a host of friendlies at various cities around the world as they gear up for top-flight action once again. Arsenal have announced that they will play Chelsea in a preseason game in Dublin on August 1.
Nasa rover falls silent as gigantic dust storm envelops Mars
But without the clock, some of these timers will wake it at night, and NASA won't know in advance when it will try to communicate. Mars experiences regional dust storms annually, but only occasionally do they expand to engulf the entire planet .
Tyson Fury eyeing title fight before end of 2018
I got four rounds in and TV exposure. "I am determined to enjoy my career this time around and not take anything for granted". The Briton went into the ring for the first time from November 2015, when he beat Wladimir Klitschko.
Palestinians urge United Nations to condemn Israel over Gaza
It "deplores the firing of rockets from the Gaza Strip against Israeli civilian areas", but doesn't say who is doing the firing. Wednesday's assembly meeting reflected the deep divisions that persist over the decades-old Israeli-Palestinian conflict.
Trump meets Singapore PM ahead of Kim summit
It formally referred to Trump by his full name in the Monday report, including his middle initial-the first time it has done so. A group of North Korean security staff were seen coming back into the hotel with cardboard boxes, one with McDonald's takeaway.