Tesla chairman sells $35 million in stock as shares soar
By:Cointime
in November, Tesla Chairman Robyn Denholm sold more than $35 million worth of shares, coinciding with the stock's surge after the US election. Regulatory filings show that Denholm executed 112,390 stock options that will expire next year and sold these shares on November 15. She had arranged these transactions in July through a trading plan that allows insiders to sell shares. Taking into account the exercise cost, Denholm netted about $32.5 million from the sale.
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