Elon Musk Buys $5 Million of SolarCity Shares After Plunge

  • SolarCity chairman increases stake by 123,510 shares
  • Musk's purchase comes after Chanos reveals short position

Elon Musk, the billionaire chairman of SolarCity Corp. and the company’s biggest shareholder, increased his stake after the top U.S. installer of rooftop power plants fell to a 22-month low.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.