Elon Musk's $1 Billion Tesla Stock Purchase Boosts Shares Amid Market Optimism
TL;DR Summary
Elon Musk bought around $1 billion of Tesla stock, his first purchase in over five years, amid a proposed compensation plan that could pay him nearly $1 trillion if certain ambitious performance goals are met, leading to a rise in Tesla's stock price.
- Elon Musk Buys $1 Billion in Tesla Stock as Board Defends His Pay The New York Times
- Stocks rise after Trump's positive comments on China trade talks, gain in Tesla: Live updates CNBC
- Tesla share surge as Elon Musk buys $1B in stock — coming on heels of $1T compensation package New York Post
- Elon Musk Purchases About $1 Billion Worth of Tesla Shares Bloomberg.com
- Wall St poised for higher open at start of Fed meeting week; Tesla climbs Reuters
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