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Tesla chairman sells $35 million in stock as shares soar
2024-11-20 15:38
Odaily News Tesla Chairman Robyn Denholm cashed in more than $35 million from stock sales in November, as the stock surged following the U.S. election. Denholm exercised 112,390 stock options that expire next year and sold them on November 15, regulatory filings show. She prearranged the trades in July through a trading plan that U.S. company insiders can use to sell stock. Taking into account the cost of exercising the options, Denholm netted about $32.5 million from the sale. (Jinshi)