Tesla is trying to shake off a tough first half of 2025 as many believe Musk's political activities hurt the EV brand and negatively impacted sales.

It's the CEO's most significant purchase in the open market since 2020.

Elon Musk was credited with helping drive an 8% rally in Tesla's share price before the NASDAQ opened Monday morning after he bought $1 billion in shares.

Tesla shares rose by more than 8% after news of CEO’s transactions, a week after he was offered $1tn pay package

The purchases, the billionaire's first since 2020, boost his investment in the firm.

Tesla is trying to shake off a tough first half of 2025 as many believe Musk's political activities hurt the EV brand and negatively impacted sales.

The chart analyst looks at the charts on Tesla and NIO.