{"id":646414,"date":"2025-09-16T09:35:03","date_gmt":"2025-09-16T04:05:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=646414"},"modified":"2025-09-16T09:49:00","modified_gmt":"2025-09-16T04:19:00","slug":"tesla-jumps-after-musk-acquires-ev-makers-shares-worth-1-billion","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tesla-jumps-after-musk-acquires-ev-makers-shares-worth-1-billion\/","title":{"rendered":"Tesla jumps after Musk acquires EV maker&#8217;s shares worth $1 billion"},"content":{"rendered":"<p>Tesla shares jumped more than 8% in premarket trading on Monday after a regulatory filing showed that CEO Elon Musk had purchased nearly $1 billion worth of the electric-vehicle maker&#8217;s stock.<\/p>\n<p>The stock purchase reinforces Musk&#8217;s push for greater control over Tesla, which is racing to meet its ambitious targets on robotaxis, artificial intelligence and robotics as it looks to pivot from an EV maker to a tech leader. As of December, Musk held a roughly 13% stake, according to LSEG data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla shares jumped more than 8% in premarket trading on Monday after a regulatory filing showed that CEO Elon Musk had purchased nearly $1 billion worth of the electric-vehicle maker&#8217;s stock. The stock purchase reinforces Musk&#8217;s push for greater control over Tesla, which is racing to meet its ambitious targets on robotaxis, artificial intelligence and robotics as it looks to pivot from an EV maker to a tech leader. As of December, Musk held a roughly 13% stake, according to LSEG data.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-646414","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/646414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=646414"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/646414\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=646414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=646414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=646414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}