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  1. Home
  2. Beyond Blockchain
  3. Tesla Shares Jump After Elon Musk Buys $1B in Stock ๐Ÿš€

Tesla Shares Jump After Elon Musk Buys $1B in Stock ๐Ÿš€

Scheduled Pinned Locked Moved Beyond Blockchain
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  • encryptedE Offline
    encryptedE Offline
    encrypted
    wrote on last edited by
    #1

    Teslaโ€™s stock surged 8.7% at its peak on news that CEO Elon Musk purchased over 2.5 million shares (~$1 billion) of his company.

    As of 17:50 MSK, Tesla shares were up 5.7% on Nasdaq, trading at $418.6 per share.

    On September 12, 2025, Tesla closed at $395.3; at peak on September 15, shares hit $430.3.

    This marks Muskโ€™s largest open-market purchase since 2020, when he bought roughly $10 million of Tesla stock.

    Analysts suggest the move signals Muskโ€™s confidence in Teslaโ€™s future, following a board-approved nearly $1 trillion compensation plan:

    12 tranches of stock tied to ambitious targets, including:

    Market cap growth: $2T โ†’ $8.5T

    20M vehicles sold

    1M robots delivered

    1M Robotaxi in commercial operation

    ๐Ÿ’ก Takeaway: Musk putting his own money on the line often drives market optimism โ€” and Tesla stock responded immediately.

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    • abcA Offline
      abcA Offline
      abc
      wrote on last edited by
      #2

      Anybody tried it?

      1 Reply Last reply
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