On Friday, September 12, 2025, Tesla CEO Elon Musk purchased approximately $1 billion worth of Tesla shares, triggering a 6% surge in the stock price on Monday.
The finance card above details the stock’s performance, showing a current price of $410.04, up from a previous close of $395.94.
SEC Filing Details
According to a Securities and Exchange Commission filing, Musk acquired 2.57 million shares at prices ranging from $371 to $396. This marks his largest open-market purchase since February 2020 and reflects confidence in Tesla’s future.
Proposed Trillion-Dollar Compensation
This month, Tesla proposed a compensation package for Musk that could exceed $1 trillion if he achieves ambitious growth targets, including a market capitalization of $8.5 trillion by 2035.
The plan, subject to a shareholder vote in November, could grant Musk up to 12% additional company shares. Tesla’s current market cap is just over $1 trillion, per recent data.
Defending the Pay Package
Tesla chair Robyn Denholm defended the proposal, calling Musk a “generational leader” in a Friday Bloomberg TV interview.
She emphasized his unique ability to steer Tesla’s technological advancements over the next decade. The package aims to incentivize Musk’s focus on AI, robotaxis, and robotics.
Legal and Market Challenges
Tesla is appealing a Delaware court ruling that voided Musk’s 2018 compensation package, valued at $55.8 billion.
Recent stock declines, partly linked to Musk’s controversial political stances, have impacted sales in key markets. Despite this, his recent purchase signals strong belief in Tesla’s long-term vision.
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