Tesla Chair Robyn Denholm Sells Over $30 Million Worth Of Stock As Automaker Grapples With Macroeconomic Uncertainties, Increased Competion
Chair Robyn Denholm has sold approximately $33.7 million worth of the electric vehicle maker’s stock, according to a filing with the Securities and Exchange Commission on Monday. This sale is part of a previously adopted trading plan.
What Happened: Denholm has been steadily offloading Tesla shares over recent months. In early February, she sold 112,390 shares worth about $43.2 million, alongside CFO Vaibhav Taneja and board member Kimbal Musk, who also offloaded significant holdings.
This trend among Tesla insiders comes as the company navigates macroeconomic uncertainties and intensifying competition in the EV market.
source: [https://www.benzinga.com/markets/equities/25/03/44099647/tesla-chair-robyn-denholm-sells-over-30-million-in-shares-as-stock-drops-nearly-3-amid-trump-tariff-concerns](https://www.benzinga.com/markets/equities/25/03/44099647/tesla-chair-robyn-denholm-sells-over-30-million-in-shares-as-stock-drops-nearly-3-amid-trump-tariff-concerns)