Insider buying at Tesla (TSLA). Tesla stock is up 5% today and up 20% in the last week as investors warm back up to the EV maker. The stock is up today after CNBC reported CEO Elon Musk purchased around $1 billion in shares on Friday. Bloomberg reported that the company’s production factory in Germany has upwardly revised its production plans for the third and fourth quarters.
NVIDIA modestly lower (NVDA) on news China says the chip company is in violation of China’s anti-monopoly law, according to Reuters. China’s State Administration for Market Regulation did not mention any punishment, but said it would carry out “further investigation.
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