Automotive industry
Tesla Shares Surge 8% After Elon Musk's $1 Billion Share Purchase
Elon Musk's billion-dollar bet on Tesla has triggered a market frenzy, with shares soaring nearly 8% to hit a high of $425.69 on Nasdaq. The electric car maker's CEO acquired 2.57 million shares through multiple tranches at different price points, marking his first open-market