Elon Musk Buys $1 Billion in Tesla Shares Amidst Compensation Discussions, Stock Surges
Elon Musk purchased $1 billion worth of Tesla shares, 2.57 million, on September 12, causing the stock to surge. This marks his first open market buy since early 2020.
Why Tesla Thinks Elon Needs More Money
The Atlantic
Elon Musk buys $1B worth of Tesla shares
Fox Business
Tesla stock soars as Musk buys $1 billion in EV maker's shares
Washington Examiner
Overview
- Tesla CEO Elon Musk purchased 2.57 million shares of the company's stock, valued at $1 billion, on September 12, marking his first open market buy since early 2020.
- The shares were acquired at a price range of $372.37 to $396.54 per share, with the disclosure in a regulatory filing causing Tesla's stock to surge over 5%.
- This substantial investment is widely interpreted as a strong vote of confidence from Musk in Tesla's future trajectory and his continued commitment to the company.
- Musk's purchase also suggests a desire for greater control over Tesla, coming amidst discussions of his proposed pay package and an appeal of his previous compensation.
- The proposed pay package could potentially position Musk to become the world's first trillionaire, adding another layer of significance to his recent financial moves.
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Analysis
Center-leaning sources cover this story neutrally, presenting Elon Musk's significant stock purchase as a "vote of confidence" while immediately providing crucial context about Tesla's struggles and Musk's controversial compensation demands. They avoid loaded language and offer a balanced view of the situation, allowing readers to form their own conclusions about the implications of his investment amidst company challenges.
"Tesla's stock is climbing Monday as CEO Elon Musk disclosed the purchase of more than 2.5 million shares worth approximately $1 billion."
CBS News"Musk's share purchase is the clearest signal yet that he is slamming the accelerator on being all in again."
USA TODAY"Musk's purchases of roughly 2.5 million shares were completed on Friday and disclosed in a filing with regulators on Monday."
BBC News"Tesla's stock is climbing before the market open Monday as CEO Elon Musk disclosed the purchase of more than 2.5 million shares worth approximately $1 billion."
ABC News"Tesla’s stock is climbing before the market open Monday as CEO Elon Musk disclosed the purchase of more than 2.5 million shares worth approximately $1 billion."
Associated PressArticles (12)
Center (5)
FAQ
After purchasing 2.57 million shares in September 2025, Elon Musk owns approximately 413 million Tesla shares, increasing his ownership stake from about 12.7% to 12.8%.
Elon Musk aims to reach at least 25% ownership of Tesla to maintain significant voting control. His recent $1 billion purchase slightly increased his stake by 0.1%, but he still needs to acquire substantially more shares to hit his target.
The stock purchase signals Musk’s confidence in Tesla’s future and suggests a desire for greater control during ongoing negotiations and appeals related to his proposed compensation plan, which might make him the world's first trillionaire.
Elon Musk's Tesla ownership has fluctuated but remains significant; as of early 2025, he held around 410 million shares, representing approximately 12.8% of the company’s shares.
Acquiring an additional approximately 12.2% stake to reach 25% ownership would cost Elon Musk over $150 billion, given Tesla’s market capitalization around $1.2 trillion at the time.
History
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