Tesla Chairwoman Robyn Denholm has sold over $50 million worth of stock in 2024
Publishing timestamp: 2024-05-07 08:30:01
Summary
Tesla Chairwoman Robyn Denholm sold $17.3 million worth of shares in the company, bringing her total sales in 2024 to more than $50 million. Other big stakeholders have also been selling shares. Tesla shares are down 26% this year as the company faces increased competition and weakened demand for its EVs. CEO Elon Musk is focusing on the company's self-driving future. Denholm is currently involved in proxy proposals and restructuring efforts at Tesla.
Sentiment: NEUTRAL
Tickers: TSLA,
Keywords: technology, business news, tesla inc, venture capital, autos, elon musk,