Elon Musk's $1 Billion Tesla Share Purchase Sparks Stock Surge
TL;DR Summary
Elon Musk responded to Tesla's board's pay proposal by purchasing about $1 billion worth of Tesla shares, boosting the stock and signaling confidence in the company's future despite recent challenges.
- Elon Musk Purchases About $1 Billion Worth of Tesla Shares Bloomberg.com
- Tesla shares gain after Elon Musk discloses purchase of 2.57 million shares CNBC
- Tesla's share price jumps after Elon Musk buys $1 billion worth of shares Business Insider
- Tesla rallies to an eight-month high after Elon Musk buys more than $1B worth of shares (TSLA:NASDAQ) Seeking Alpha
- Elon Musk buys about $1bn of Tesla shares Financial Times
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