Elon Musk spends $1 billion to acquire Tesla: bet on the future of self-driving taxis, robots and trillions of dollars

Elon Musk purchased 2.57 million shares of Tesla shares worth about $1 billion, indicating that the market is confident in Tesla. Since then, Tesla's stock price has soared nearly 20% in a week to $419.70. Tesla's board of directors has formulated a $900 billion compensation plan for Musk, but only if it achieves 12 operating goals, including a $2 trillion market value, 20 million electric vehicle delivery, 10 million fully autonomous vehicle (FSD) subscribers, and 1 million Optimus robot sales. Despite political risks and strategic challenges such as Cybertruck, Musk's various businesses may benefit from a reduction in "random terrorism" and potential regulatory approvals for self-driving taxis.