Tesla Insiders Sell Shares Amid Stock Struggles

Reported 2 days ago

Tesla's CFO, Vaibhav Taneja, has sold $8 million worth of shares in a move that adds pressure to the company's struggling stock. His decision comes as Tesla’s internal operations face challenges, notably a sharp sales decline following production adjustments. Meanwhile, Kimbal Musk, the brother of CEO Elon Musk, recently sold $27 million in stock, raising concern among investors about insider selling during a vulnerable market sentiment.

Source: YAHOO

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