Board leader Tesla Robyn Denholm sells $ 32 million in action – bringing the total sold to more than $ 150 million

Board leader Tesla Robyn Denholm has sold another part of the stock shares after the company’s shares were shocked by their controversial and their Trump administration, discovered regulatory registrations this week.

Denholm, 61, sold 112,390 Tesla shares worth more than $ 32 million, according to a Philing Secret on Tuesday. Since December, Denholm has sold more than $ 150 million in stock, according to the Electrek Electric Car News blog.

Following the latest sales, Denholm owns about 85,000 shares and has 300,440 shares opportunities that will expire at the end of the year. Denholm’s mandate as chairman of the board is ready for another vote next year, according to Reuters.

Sales of shares of the sparked speculation for the future of Denholm in Tesla. Electrek speculated that Denholm “seems to be fully liquidating its shares.”

However, Tesla Bull and investor Larry Goldberg withdrew back. He claimed in one X after this report was “deceitful” and that Denholm is likely to exercise stock options that will expire while selling a portion to cover the accompanied taxes.

Tesla President Robyn Denholm is the highest paid chairman of a US public company. Reuters

Tesla did not immediately return the post for commentary request.

Denholm for the first time joined the Tesla 2014 board and became chairman in 2018 after regulators forced Elon Musk to withdraw from the role.

Elon Musk has worked close to President Trump. AFP your getty images

Since board membership, it has received more than $ 680 million in cash and shares.

Last year, Denholm and other Tesla board members face criticism from a judge in Delaware who said the salary package they approved for Musk was too much. The judge’s decision to reject the Musk’s salary package led the billionaire to transfer Tesla’s involvement in Texas.

Tesla has faced a wave of protests. Samantha Madar / The Columbus Dispatch Your USA TODAY NETWORK / USA TODAY NETWORK YOUR IMAGN

Meanwhile, Tesla is in the midst of a rough patch – by car in part from Musk’s controversial work with President Trump and the government’s efficiency department.

The company’s vehicle deploys 13% in the first quarter, while net revenues fell from a 71% uncle while Tesla traders across the country face a wave of arson attacks and vandalism.

Last week, Musk told analysts that he planned to spend more time running Tesla now that the “main job” of dog raising had become. However, he said he would continue to advise the Trump administration as needed.

Tesla shares have been absorbed in value for more than 25% since the beginning of the year.

#Board #leader #Tesla #Robyn #Denholm #sells #million #action #bringing #total #sold #million
Image Source : nypost.com

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top