The move signals Musk's commitment to the electric-vehicle maker as its board prepares what could be a $1 trillion pay package. ...

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. ...