Tesla shares rose sharply after CEO Elon Musk disclosed he bought about 2.57 million shares, spending around $1 billion this past Friday. This is Musk’s first open-market purchase since early 2020. His move reassured investors that he remains fully committed to Tesla at a critical time in the company’s transformation toward AI, robotics, and autonomous vehicles Reuters+1.
Musk owns roughly 13% of Tesla’s stock, and he has signaled he wants 25% voting power to guide Tesla’s future. Recently, the board proposed a $1 trillion compensation plan tied to ambitious targets like deliveries of 20 million cars, fleets of robotaxi, and robotics development Reuters+2Business Insider+2.
📈 Tesla’s Place in the Global EV Market
- In 2024, Tesla’s market share in battery-electric vehicles (BEVs) was about 10.5%, having sold around 1.79 million units globally Road Genius+1.
- While Tesla was world-number one in earlier years, BYD surpassed Tesla in late 2023 and 2024, taking around 15.7% share in 2025 according to market research firms International Banker+1.
🏛️ Where Tesla Is Traded
Tesla is publicly traded on the Nasdaq Global Select Market in the United States under the ticker symbol TSLA. It went public in July 2010, with an IPO price of $17 per share Tesla Investor Relations+1.
📅 Tesla’s Key Milestone Years
Here are major milestones Tesla has reached over the years:
- 2003: Tesla Motors founded.
- 2008: Elon Musk became CEO and Tesla delivered the first Roadster, its first production electric car Office Timeline+1.
- 2012: Released the Model S, a luxury electric sedan that won critical praise Medium+1.
- 2015: Launched the Model X, an all-electric SUV with unique falcon-wing doors Medium.
- 2017: Introduced the Model 3, bringing Tesla to the mass market Medium.
- 2020: Started production of the Model Y crossover SUV—now one of the best sellers Medium+1.
- 2022: Unveiled the Tesla Semi truck and continued growth of EV deliveries Medium.
- 2023: Began deliveries of the much-awaited Cybertruck with its futuristic design Medium.
- Also, Tesla reached:
- 1 million cumulative cars produced by March 2020
- 2 million cars sold by September 2021, becoming the first automaker to do so Wikipedia.
📰 Summary in Simple Story Form
In recent days, Elon Musk bought $1 billion worth of Tesla stock—his first big buy since 2020. That boosted Tesla’s share price and sent a strong message: Musk believes in Tesla’s future. At the same time, Tesla’s board has offered him a $1 trillion pay package tied to next-level targets.
Tesla currently holds about 10–11% of global electric car sales. While it was the leader in past years, Chinese maker BYD has pulled ahead with about 15.7% market share in 2025.
Tesla is listed on the Nasdaq under TSLA, and it first went public in 2010. Over the years, Tesla has crossed major milestones—starting with the Roadster in 2008, then the Model S in 2012, Model 3 in 2017, Model Y in 2020, and newest additions like the Semi and Cybertruck in 2022–2023. By 2021, it had sold over 2 million cars.
