Tesla's 2025 Losses Erased as Elon Musk Buys $1 Billion in Company Shares

Tesla CEO Elon Musk has purchased $1 billion worth of Tesla shares, erasing the company's steep 2025 losses and bolstering its stock value. The investment is seen as a vote of confidence in Musk's leadership and Tesla's future prospects. The move comes after a period of significant financial pressure for the electric vehicle manufacturer. As a result, the company's share price has surged, providing much-needed relief to investors.