Reported about 2 hours ago
Tesla’s stock rose approximately 8% in premarket trading after CEO Elon Musk revealed he had bought nearly $1 billion worth of shares, totaling 2.57 million shares at prices ranging from $372.37 to $396.54 each. This follows a more than 7% gain on the previous Friday, despite ongoing concerns about declining EV demand and Musk's political focus. Tesla's board chair reassured investors that Musk is back fully engaged with the company.
Source: YAHOO