Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says
Publishing timestamp: 2024-04-25 22:23:08
Summary
Former Tesla executive Drew Baglino is selling 1.14 million shares in the company worth $181.5 million. Tesla is undergoing restructuring, cutting jobs and focusing on self-driving technology. CEO Elon Musk emphasized the importance of autonomy in the company's future. Despite skepticism from analysts, Tesla's stock price jumped after Musk's comments.
Sentiment: MIXED
Tickers: TSLA,
Keywords: climate, tesla inc, business news, technology, autos, breaking news: technology,