Tesla’s stock has been burning like a July 4th sparkler. CEO Elon Musk, who once sold billions of shares to fund his Mars fantasies, now buys them back like a man buying a secondhand suit. The stock climbed another 6% by 12:09 p.m. ET. So it goes.
Betting on Tesla’s Future
Musk argues that 80% of Tesla’s future value will come from a humanoid robot named Optimus. Imagine that: a machine that walks and talks, but also makes you a millionaire. He bought 2.57 million shares for about $1 billion. That’s a lot of money. Or as one might say, it’s less than the cost of a Mars colony.
The purchases came after shares rose 25% in a month. Investors buzz like bees in a Tesla parking lot. The company plans to launch robotaxis soon. The Optimus robot? Further off. But Musk, that eternal optimist, thinks now is the time to buy. Perhaps he’s right. Or perhaps he’s just good at selling hope. Which is a product in itself.
Those who own Tesla shares already believe in Optimus and robotaxis. Musk’s confidence, though, is a magnet for the uncertain. Buyers follow him into the stock like children chasing a fireworks display. They might get burned. Or they might not. The future is a box of matches.
So here we are, buying shares because a billionaire says to. It’s a strange world. But then again, so it goes. 🚀
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2025-09-15 20:17