The goal of Elon Musk's 73.5 million share purchase -- worth $2.9 billion, based on the closing price Friday -- is not clear.
Here's a look back at some of the notable business ventures by Elon Musk, who has quickly risen in the ranks of the wealthiest men in the world.
The regulatory filing Monday describes Musk as a long-term investor looking to minimize his buying and selling of the shares. In October of 2018, Musk and Tesla agreed to pay $40 million in civil fines and for Musk to have his tweets approved by a corporate lawyer after he tweeted about having the money to take Tesla private at $420 per share.
Early in March, Musk asked Judge Alison Nathan to nullify an SEC subpoena and throw out the settlement agreement. His lawyer, Alex Spiro, said the SEC has used the court agreement "to trample on Mr. Musk’s First Amendment rights and to impose prior restraints on his speech." The commission also is investigating whether Tesla described accurately in public filings with the agency whether it complied with the controls.
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