Tesla shares gain after Elon Musk discloses purchase of 2.57 million shares

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Tesla shares jumped after CEO Elon Musk disclosed his first purchase of the stock in the open market since February 2020.Musk purchased 2.57 million shares at various prices Friday which tallies up to about $1 billion, a significant insider purchase traders took as a vote of confidence from the outspoken CEO.Tesla shares were higher by 6% in premarket trading Mond ...