Why did Elon Musk buy nearly $1 billion worth of Tesla shares?

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Why did Elon Musk buy nearly $1 billion worth of Tesla shares?


Elon Musk buying Tesla shares worth $1 billion 2. Why Elon Musk invested $1 billion in Tesla stock 3. Tesla stock growth after Elon Musk’s $1 billion purchase 4. Elon Musk stock market investment in Tesla 2025 5. Tesla share price impact Elon Musk $1 billion buy



Did Elon Musk buy shares worth about $1 billion to increase his control over Tesla? Or is there some other story behind this? So let's know what is the real story behind this.


After the news of this feat of Elon Musk, Tesla's shares saw a huge increase of more than 8% in a single day in the market, due to which Tesla stock has started booming, while recently he received a salary package of $1 trillion.


Elon Musk's company Tesla is rapidly rising like a rocket to achieve its main goals in the field of advanced robotaxis, artificial intelligence and robotics as the company has now moved from being an electric vehicle manufacturer to becoming a technology leader. According to the latest report from LSEG, Musk had about 13% stake in Tesla as of December.


But now according to the filing, Musk announced to the whole world to buy 25.7 lakh shares as soon as the market opened on Friday morning, for which he paid a price between $372.37 to $396.54 per share.


Tesla's shares recorded a jump of more than 7% on Friday morning. Which shows a very good increase compared to the previous session. However, this year its shares also saw a decline of about 2%. If the pre-market movement continues, then no one can stop it from registering gains for the third consecutive session.


Musk has already been continuously demanding a larger stake and increased voting power in Tesla, and a few days ago he had also threatened that if he was not given 25% voting power, he would outsource AI and robotics products from outside Tesla.


Earlier this month, Tesla's board proposed a $1 trillion compensation plan for Musk, a major vote of confidence from the board in Musk at a time when the company was struggling amid intense competition and a drop in EV demand.


On Friday, board chairman Robin Denholm dismissed concerns that Musk's political activities had hurt sales, saying Musk had returned to a "key role" at the company after several months in the White House. "That doubles our excitement.”


Elon Musk's political activities and public clashes with Donald Trump have sparked disappointment among investors and concerns about a potential sell-off, which has weighed on the company's shares this year.


Elon Musk Tesla Company Current Stock 


Elon Musk buying Tesla shares worth $1 billion 2. Why Elon Musk invested $1 billion in Tesla stock 3. Tesla stock growth after Elon Musk’s $1 billion purchase 4. Elon Musk stock market investment in Tesla 2025 5. Tesla share price impact Elon Musk $1 billion buy, share updated price




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