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.

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[–] 8 points 1 year ago (1 child)

Also consider that if you bought the stock mid December 2020, it's the exact same value today!!!
That's a return to where it was more than 4 years ago. 😋

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  • [–] 5 points 1 year ago (2 children)

    Remember, they had a 5:1 split in Aug 2020 and a 3:1 split in Aug 2022.

    If you bought in Dec 2020, your share volume tripled.

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  • [–] 11 points 1 year ago (1 child)

    Every consumer stock ticker I’ve seen already factors those splits into the pricing scheme

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  • [–] 7 points 1 year ago (2 children)