Tesla insiders sell $100 million in shares during decline

Tesla's stock faced a significant decline, prompting board members and top executives to sell more than $100 million in shares. This situation raises concerns about the company's health. Reports indicate that Tesla's share value has dropped by over 50%, resulting in a loss of more than $800 billion in market capitalization. Key figures involved in the sales include Kimbal Musk, Elon Musk's brother, who sold 75,000 shares worth $27 million on February 6, 2025. Another notable sale came from James Murdoch, a board member since 2017, who sold about $13 million worth of shares around the time Tesla experienced its largest decline in five years. Robyn Denholm, Tesla's chairperson, sold more than $75 million worth of shares in recent weeks. This was reportedly part of a planned selling strategy. Denholm has received about $682 million in compensation from Tesla since joining the board. Meanwhile, Chief Financial Officer Vaibhav Taneja also sold over $5 million in shares. The trend of insider selling is concerning to analysts, as it may signal a lack of confidence among Tesla's leadership. While Elon Musk remains the largest shareholder, other institutional investors like Vanguard and BlackRock hold significant stakes as well.