Tesla Chairwoman Robyn Denholm has sold over $50 million worth of stock in 2024

Key Facts

• Brendon Thorne | Bloomberg | Getty Images Tesla Chairwoman Robyn Denholm has just sold $17.3 million worth of her shares in the electric vehicle maker, according to a filing Monday, bringing her total stock sales this year to more than $50 million.
• Another Tesla board member, Kathleen Wilson-Thompson, set up a 10b5-1 trading plan in February 2024, for the potential sale of up to 280,000 shares by or before Feb. 28, 2025.
• The SEC had charged Musk and Tesla with securities fraud after Musk said, in a series of tweets in 2018 that he was considering taking the company private at $420 per share with “funding secured.”
• The judge in the Delaware case ruled that Tesla’s 2018 CEO pay plan, which was the largest in public corporate history, was only allowed by a board that was “beholden to Musk,” and should be rescinded.

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