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Musk Bets Tesla Rally Has Legs With $24.9 Million Stock Purchase

Bloomberg.com
Musk Bets Tesla Rally Has Legs With $24.9 Million Stock Purchase

Think the run-up in Tesla Inc. shares is about done? Elon Musk doesn't seem to think so. The CEO shelled out $24.9 million to buy 72,500 more shares on Tuesday, according to a regulatory filing. The purchase followed a roughly 13 percent jump for the stock since its chief executive bought $9.85 million