Tesla shares gain as Elon Musk reveals rare $1 billion stock buy
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Tesla shares gain as Elon Musk reveals rare $1 billion stock buy
Tesla shares jumped after CEO Elon Musk disclosed Monday his first purchase of the stock in the open market since February 2020. Musk bought 2.57 million shares at various prices Friday which tallies up to about $1 billion, a significant insider acquisition that traders took as a vote of confidence from the outspoken CEO.
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