Tesla Surges 8% After Musk Snaps Up $1B of Shares — But Can He Save the EV Giant?

Source: International Business Times

Tesla's stock surged more than 8% on 15 September 2025 after CEO Elon Musk disclosed a near $1 billion share purchase, his first significant buy in five years. The move, seen as a decisive vote of confidence, comes amid slowing EV demand, heightened competition, and scrutiny over Musk's proposed new pay package. Musk's $1bn Stock Buy Sparks RallyOn September 15, 2025, Tesla's share price climbed more than 8% in pre-market trading after a regulatory filing disclosed that Elon Musk had purchased about 2.