Tesla erases all of its steep 2025 losses after Elon Musk buys $1 billion in shares as Pope reacts: ‘We’re in big trouble’
Tesla stock rose on news that CEO Elon Musk committed $1 billion of “his own money” to the purchase of new shares. Musk’s considerable investment in Tesla came to light after it was disclosed in a regulatory filing on Monday. He purchased the stock on Friday, Sept. 12, acquiring approximately 2.75 million $TSLA shares, priced…