TSLA Insider Activity: Tesla Board Member Buys 4,000 Shares of TSLA Stock

Tesla board member Joe Gebbia has purchased 4,000 shares of TSLA at an average price of $256.30, marking the company’s first insider buy since 2020. Here's what this move signals for investors.

Tesla Board Member Joe Gebbia Buys $1 Million Worth of TSLA Shares – First Insider Purchase Since 2020

On April 24, 2025, Tesla NASDAQ: TSLA board member Joe Gebbia made headlines by filing a significant insider purchase with the U.S. Securities and Exchange Commission (SEC).

According to the filing, Gebbia acquired 4,000 shares of Tesla stock at an average price of $256.30 per share, totaling an investment of approximately $1.03 million. This marks the first insider buy at Tesla since 2020, signaling a notable shift in sentiment among company leadership.

Key Details of the Transaction:

• Date: April 24, 2025
• Shares Purchased: 4,000
• Average Price: $256.30 per share
• Total Value: Approximately $1.03 million
• Ownership Type: Indirect ownership via trust

The purchase comes at a time when Tesla shares have seen renewed momentum, climbing 8.5% over the past month. This insider move from Gebbia — a well-known entrepreneur and Tesla board member — may be viewed as a strong vote of confidence in Tesla’s long-term prospects.

Why This Matters: Insider buys are often interpreted as a positive signal, suggesting that those closest to the company believe the stock is undervalued or poised for future growth.

Given the scarcity of insider buying at Tesla in recent years (with the last notable buy occurring back in 2020), this action could reignite investor optimism (as it bolsters mine). As Tesla navigates evolving competition in EVs, energy storage, and AI, insider conviction could be seen as a bullish catalyst.

Major Key To Note:

• Joe Gebbia recently joined Elon at the Department of Government Efficiency (DOGE), which makes it pretty clear he’s got some bullish insight on Tesla’s future...

My Final Thoughts: While insider activity should never be the sole reason for an investment decision, significant purchases like Gebbia’s tend to grab attention for a reason. In markets filled with noise, actions often speak louder than words — and this $1 million purchase is worth noting.

As i have mentioned in previous articles: TESLA Hits A Speed Bump Time To Hit Buy and Beat Market Blues Tracking the Biggest Stocks So Far In 2025 I am bullish on TESLA Stock near term and long term.

• I first bought the dip at $230 in March when SPX hit correction territory +25% gain
• My 2nd dip buy was at $255 in April after we hit Bear Market +13% gain
• I will be looking to add some more shares here going forward above $300

This insider purchase just makes me more bullish.

Lock into our Discord for the next Stock Rating and purchase! Happy Trading.