Apr 1, 05:29 PM

Warren Buffett's $1 Trillion Tesla Purchase Claim Turns Out to Be April Fools' Joke; Tesla Stock Up 5%

An online financial education website, GoBankingRates, published a satirical article claiming that billionaire CEO Warren Buffett is purchasing Tesla from Elon Musk for $1 trillion. The article, which was intended as an April Fools' joke, led to a temporary surge in Tesla's stock price, which increased by 5%. Following the backlash and concerns regarding potential SEC violations, the author deleted the article, prompting Yahoo Finance to engage in damage control. Multiple sources confirmed that the claim was false and merely a prank.