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Soaring 85% from Lows: Musk's Massive Stock Buy Propels Tesla Shares, Wiping Out Yearly Losses
4 day ago /
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Author：小编
On September 16, 2025, CNBC reported that Tesla's stock price has registered positive growth for the year. This turnaround comes after a dismal first quarter for the company, marking its worst performance since 2022, and was compounded by the impact of new tariffs announced by Trump in early April. On September 12, Tesla CEO Elon Musk made a substantial move, spending roughly $1 billion to boost his stake in the company by purchasing 2.57 million shares. This strategic purchase ignited a surge of over 8% in Tesla's share price during Monday's pre-market trading, effectively transforming the year-to-date performance from a downturn into a gain. Moreover, Tesla has also received encouraging sales news from the Chinese and European markets.
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