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简体中文Amidst a significant drop in Tesla’s stock value, board members and executives have sold off over $100 million in shares, according to recent SEC filings.
Shares of Tesla (TSLA) have fallen nearly 50% since mid-December, prompting scrutiny of insider trading activity.
Key Players and Transactions
- James Murdoch: Sold shares worth approximately $13 million on March 10 after exercising a stock option.
- Kimbal Musk: Unloaded 75,000 shares worth around $27 million last month.
- Robyn Denholm: Offloaded over $75 million worth of shares in two transactions as part of a pre-determined sales plan.
- Vaibhav Taneja: Tesla’s CFO, sold off shares totaling more than $5 million.
The sales occurred as Tesla’s stock experienced a tumultuous period, declining sharply since President Trump took office and Elon Musk began focusing on government cost-cutting efforts.
Expert Analysis
Jay Ritter, a finance professor at the University of Florida, noted that insider selling is generally a negative signal but acknowledged that pre-determined sales plans are a routine effort to avoid perceptions of trading on inside information.
Seth Goldstein, an analyst at Morningstar, suggested that some sales might reflect personal financial decisions or a view that the stock is fairly valued.
Shareholder Concerns
The selloffs have raised concerns among shareholders and pension funds, some of whom are urging Musk to refocus on Tesla’s core business.
While the transactions totaled about $118 million, the officers profited just over $100 million after factoring in the costs of exercising stock options.