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Tesla shares gain after Elon Musk discloses purchase

SpaceX and Tesla CEO Elon Musk participates in the Viva Technology Conference at the Porte de Versailles Exhibition Center in Paris on June 16, 2023.

Gonzalo Fuentes | Reuters

Tesla CEO Elon Musk, since February 2020 has announced the purchase of stocks in the open market after the stock has increased.

Musk purchased 2.57 million shares at various prices on Friday, which received a vote of confidence from the Open Oral CEO, an important inside of the purchasing traders dating back to approximately $ 1 billion.

Tesla shares were 6% higher in pre -Sunday transactions on Monday morning. Although it is more than 25% rally with stock in the last 3 months, it is slightly closed for 2025 on Friday.

At the beginning of this month, the company said the shareholders would ask the shareholders to approve a new payment package up to $ 975 billion based on various ambitious milestones for Musk. Before the acquisitions on Friday, Musk had about 13% of Tesla.

According to Verity Data, such purchases are rare for Musk. According to Verity, this is its biggest purchasing value.

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