- 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.
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