This story is available exclusively to Business Insider
subscribers. Become an Insider
and start reading now.
Have an account? .
subscribers. Become an Insider
and start reading now.
Have an account? .
- Tesla’s share price jumped in premarket trading after Elon Musk bought a fresh load of shares.
- Musk bought $1 billion of the company’s stock, an SEC filing released Monday shows.
- The stock was set to gain roughly 6% at market open.
Elon Musk is buying up Tesla shares as he looks to strengthen his control over the EV maker.
Tesla’s share price rose more than 6% in premarket trading on Monday after CEO Musk disclosed the purchase of nearly $1 billion worth of the company’s stock.
This is a breaking news story. Check back for updates.
