Tesla shares jumped after Elon Musk disclosed the purchase of ~$1 billion in TSLA stock—about 2.57 million shares—in a show of confidence.

Tesla shares jumped after Elon Musk disclosed the purchase of ~$1 billion in TSLA stock—about 2.57 million shares—in a show of confidence. Reuters and AP note the move follows headlines about Musk’s potential new pay package tied to long-term performance. Robyn Denholm is Tesla's Board of Directors chairperson and says she has full confidence in Elon Musk. most promising evidence so far. Nicky Fox is NASA's science mission chief