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Tesla shares jump 8% in early trade after Elon Musk’s $1 billion worth stock buy
Tesla shares surged nearly 8% on Monday after CEO Elon Musk's $1 billion open market share purchase on Friday, his first since February 2020. The stock's rise, accompanied by high trading volumes, comes amid news of a proposed new pay package for Musk and a class action lawsuit against the company.
Tesla shares surged nearly 8% on Monday after CEO Elon Musk's $1 billion open market share purchase on Friday, his first since February 2020. The stock's rise, accompanied by high trading volumes, comes amid news of a proposed new pay package for Musk and a class action lawsuit against the company.
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