Global Stock News

Elon Musk Promised “Not to Let Go” of Tesla Shares, but One Top Insider Walked Away With $200M

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…

Source link

Share this article

Scroll to Top