Tesla Stock Rises on Elon Musk’s $1B Buyback Move

Tesla stock jumped sharply after Elon Musk purchased about $1 billion worth of Tesla shares in recent filings. We saw more than a 6% rise in pre-market trading after the news broke. For many, this signaled strong confidence from the top. It also stirred optimism amid Tesla’s challenging recent quarters. See what Musk’s move means, how the markets reacted, Tesla’s financial health, risks, and what lies ahead.