Archive · 15 Sep 2025

Musk Buys $1B in Tesla Shares, Stock Price Increases

Musk Buys $1B in Tesla Shares, Stock Price Increases

Elon Musk, the CEO of Tesla, bought almost $1 billion worth of Tesla stock on September 12.

This purchase caused Tesla's stock price to jump up to 7.3% during trading.

The buy-in consisted of over 2.5 million shares, bought at various prices.

Tesla's Chair praised Musk's leadership, especially as the company focuses on AI and robotics.

A significant pay package for Musk, dependent on achieving certain goals like scaling the robotaxi business, producing 20 million EVs, and substantially increasing Tesla's market valuation, is under consideration.

Sources