Tesla insiders have sold more than 50% of their shares in the last year
6 days ago
- #Tesla
- #Insider Trading
- #Stock Market
- Tesla insiders, excluding Elon Musk, have sold over 50% of their TSLA shares in the past year.
- Tesla's key executives have dwindled to only three: Elon Musk, Tom Zhu, and Vaibhav Taneja.
- Tom Zhu reduced his stake by 82% in a single year, signaling potential concerns among executives.
- Tesla's insider ownership data shows a significant reduction in shares and options, totaling over 6 million shares and $2 billion in value.
- Elon Musk's claims about Tesla's future valuation through autonomous driving and robots are met with skepticism by analysts.
- Tesla's EV business is struggling, with little hope for reversal without new models and innovation.