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Highlights
- Elon Musk purchased about 2.57 million Tesla shares last week, sending the stock higher in early trading and signaling strong confidence in the EV maker.
- Analysts say the move signals strong confidence and shows Musk doubling down on Tesla's AI initiatives.
- Tesla helped lead the market higher, rising about 3.6% as Musk bought roughly $1 billion in stock through a trust.
Vote 42
References
Tesla's stock is rising in premarket trading as Musk buys more than 2.5M shares
Tesla Stock Soars, Eyes Highest Level Since January As Elon Musk Discloses Multiple Buys
Elon Musk buys $1B worth of Tesla shares
Tesla's share price jumps after Elon Musk buys $1 billion worth of shares
Tesla shares gain after Elon Musk reveals $1 billion stock buy
Tesla Share Price Jumps After Musk Buys $1 Billion in Shares
Wall Street rises to more records as Tesla vrooms higher
Tesla Stock Soars as Elon Musk Buys About $1B Worth of Shares
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Elon Musk buys nearly $1bn in Tesla stock in push for more control
Elon Musk buys $1 billion worth of Tesla shares, a sign that he’s sticking around | CNN Business
Musk Answers Tesla’s Pay Proposal With $1 Billion Stock Buy
Telsa rallies after Musk pumps in $1B via statement stock purchase - UPI.com
Elon Musk answers Tesla’s pay proposal with $1 billion stock buy; shares rise
Tesla share surge as Elon Musk buys $1B in stock — coming on heels of $1T compensation package
Elon Musk responds to Tesla pay proposal by buying $1 billion worth of stock
Tesla shares soar as Musk goes on buying spree
Elon Musk buys $1bn of Tesla shares
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