Show strong confidence! After discussing the $1 trillion salary plan, Musk increased his holdings in Tesla (TSLA.US) by $1 billion.

According to a regulatory document obtained by the Securities Times app, Tesla CEO Elon Musk has purchased approximately $1 billion worth of the company's stock. As of the time of writing, Tesla's stock price has increased by 7.3% in pre-market trading on Monday, potentially offsetting the year-to-date decline. The document shows that Musk purchased the shares indirectly through a trust on September 12th.