Elon Musk Promised “Not to Let Go” of Tesla Shares, but One Top Insider Walked Away With $200M
Tesla is facing renewed scrutiny as its board chair, Robyn Denholm, has sold nearly $200 million worth of stock in the past six months, according to reporting by the New York Times. Her move comes at a time of financial volatility and internal controversy for the electric vehicle company, raising questions about governance and confidence within Tesla’s leadership ranks.
Major Stock Sales During a Political and Market Storm
Robyn Denholm began selling her Tesla shares in November 2024, around the time of the U.S. presidential election, when Tesla’s stock surged to over $450 per share. She continued these transactions through December and into early May 2025, ultimately offloading more than 1.4 million shares. Despite Elon…
