Tesla's share price jumps after Elon Musk buys $1 billion worth of shares
Core Viewpoint - Elon Musk is increasing his ownership in Tesla by purchasing nearly $1 billion worth of shares, which is aimed at strengthening his control over the electric vehicle manufacturer [1] Group 1: Company Actions - Tesla's share price experienced a rise of over 6% in premarket trading following the announcement of Musk's stock purchase [1] Group 2: Financial Details - The total value of the shares purchased by Musk amounts to nearly $1 billion [1]
