In September 2025, the phrase tesla stock and elon took center stage in financial headlines. Elon Musk, Tesla’s CEO, made headlines by acquiring over 2.5 million Tesla shares, amounting to nearly $1 billion. This move, disclosed in a regulatory filing, marked Musk’s first major stock purchase in a significant period and immediately boosted investor confidence. Tesla shares surged 7% pre-market, closing the week up 5.2% at $426, an 85% rebound from April’s lows. Musk’s action came shortly after Oracle founder Larry Ellison briefly surpassed him as the world’s richest person, underscoring the competitive dynamics among tech titans.
As of September 20, 2025, Tesla received approval to test autonomous robotaxis with safety drivers in Arizona, expanding beyond Texas and Nevada. This regulatory milestone signals Tesla’s intent to scale its robotaxi program, with Phoenix as the next target city. The company is currently using an unreleased version of its Full Self Driving software, and all vehicles still require a safety monitor. Investors are closely watching how quickly Tesla can commercialize this technology, as it represents a key pillar in the company’s future growth strategy. Additionally, Tesla introduced new MegaBlocks battery systems for businesses, diversifying its revenue streams beyond electric vehicles.
Technical traders have also focused on tesla stock and elon due to chart patterns highlighted by veteran analyst Peter Brandt. He identified an ascending triangle formation in Tesla’s price chart, a classic bullish indicator. This technical setup, combined with Musk’s substantial stock purchase, has fueled speculation about further upward momentum. However, Tesla remains the second-worst performing stock among major tech companies in 2025, with only Apple faring worse. The company faces ongoing challenges from aging vehicle models and increased competition from lower-cost electric vehicles, particularly from Chinese manufacturers.
Another major topic in the tesla stock and elon narrative is Musk’s proposed $1 trillion compensation package, set for a shareholder vote in November. If approved, it would require Musk to remain at Tesla for another decade and achieve ambitious milestones, including scaling the company’s valuation from $1 trillion to $8.5 trillion and advancing the robotaxi rollout. These targets are closely tied to Tesla’s ongoing AI and autonomous driving initiatives, making regulatory progress and technological breakthroughs critical for future stock performance.
According to recent filings, Musk’s latest purchase involved multiple block trades on September 12, at prices ranging from $371 to $396 per share. This direct investment by the CEO is widely interpreted as a vote of confidence in Tesla’s prospects. Meanwhile, the broader market context remains volatile, with the S&P 500 reaching new highs and macroeconomic factors such as Federal Reserve rate decisions influencing investor sentiment. Despite Tesla’s rebound, analysts caution that the company still faces headwinds from slowing sales and intensifying global competition.
For those interested in tracking tesla stock and elon developments, staying updated with official filings, market data, and industry news is essential. Bitget offers comprehensive resources for monitoring crypto and tech sector trends, as well as secure trading and wallet solutions through Bitget Exchange and Bitget Wallet. Explore more Bitget features to stay ahead in the fast-moving world of digital assets and innovative technology stocks.