Desk Report: Tesla CEO Elon Musk has bought nearly $1 billion worth of Tesla shares, according to a regulatory filing. Musk’s control over the company has been further strengthened. Tesla shares rose more than 8 percent in early trading on Monday after the news. Tesla is currently on a roll with ambitious plans to expand its reach into robotaxis, artificial intelligence (AI) and robotics. The company is seeking to transform itself from an electric carmaker into a technology company. According to LSEG, Musk owned about 13 percent of Tesla in…
Read MoreMusk strengthens his control over Tesla, buys $1 billion worth of shares
