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The Independent UK
The Independent UK
Alex Croft

Elon Musk buys $1B in Tesla stock in show of commitment for flagging EV maker

Elon Musk Tesla Inc. United States Donald Trump

Elon Musk has bought nearly $1 billion worth of Tesla stock as he seeks greater control over the electric vehicle maker following a turbulent 2025.

The Tesla chief bought more than 2.5 million shares in the company, a regulatory filing released on Monday showed, prompting shares in the company to jump more than eight per cent in pre market trading.

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