Summary

Tesla board members and executives have sold over $100 million in stock since early February as the company’s shares decline.

Board member James Murdoch sold $13 million in stock on March 10, coinciding with Tesla’s worst single-day drop in five years.

Kimbal Musk sold $27 million in shares last month, and board chair Robyn Denholm offloaded over $75 million through a predetermined plan.

The sell-offs come as Tesla’s stock has fallen nearly 50% since December.

  • Wilco@lemm.ee
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    16 hours ago

    Capitalism for thee, but Communism for me.

    “I have ran my company into the ground with my incompetence and hate mongering, I am a literal nazi, doing the salutes and everything … everyone hates me, but the business is too big to fail … bailouts please!”