Tesla CEO Elon Musk has made a clear statement about his trading activity. He says he has not sold any Tesla shares in the past three years. Instead, he has been buying more stock in the electric vehicle giant.
Musk's Social Media Post
Musk shared this information on the social media platform X, formerly known as Twitter. He responded to a now-deleted post by influencer Mario Nawfal. Musk wrote, "I haven't sold stock for about 3 years. Bought a billion dollars of Tesla stock last year."
SEC Filings Support Musk's Claim
A review of SEC filings supports Musk's statement. The Tesla CEO purchased over 2.57 million Tesla shares in 2025. This purchase was valued at nearly $1 billion, with an average price of $389 per share. His last major sale of Tesla stock occurred back in 2022, which is more than three years ago.
Timing of Tesla's Lithium Refinery Announcement
This disclosure comes at an interesting time. Tesla has just announced the opening of a new lithium refinery in the United States. Musk described this facility as the largest in North America. The refinery will process spodumene ore into lithium oxide. This material is critical for EV batteries and Tesla's growing energy storage business.
Criticism from Tesla Bull Ross Gerber
Tesla Bull and investor Ross Gerber is once again criticizing Elon Musk. This time, Gerber has targeted the close relationship between Musk and US President Donald Trump. Gerber points to Musk's close ties with President Trump as a factor in what he calls the "mess" surrounding America's electric vehicle rollout.
Gerber's Social Media Accusation
In a post on X, Gerber accused Musk of being "personally partially responsible" for slowing the US transition to sustainable transportation. He wrote, "Meanwhile Elon is personally partially responsible for now DECELERATING the transition to sustainable transportation and energy, at least in the US. - I think this capsulizes many people's thoughts on tesla/elon. $tsla."
Gerber also feels that Musk's political connections have contributed to a rollback of EV momentum in the United States. This criticism adds another layer to the ongoing discussions about Tesla's leadership and direction.