In March, after a steep decline in #Tesla’s share price, #ElonMusk told employees, “Hang on to your stock.”
The chair of Tesla’s board, #RobynDenholm, has not…. Denholm has made $198M in the past 6 months selling Tesla stock that she earned for serving on the board, acc/to a NYT analysis of #securities filings.
That brings her total profit on the sale of Tesla stock to >$530M since becoming the board’s leader in 2018, far more than peers made at the most valuable US companies during that time…
#Tesla’s Board Chair Made $198 Million Selling #Stock as Profit Fell
#RobynDenholm sold Tesla stock in recent months while Elon Musk, the chief executive she oversees, worked for #Trump & alienated many car buyers.
#securities #law #InsiderTrading
https://www.nytimes.com/2025/05/13/business/tesla-stock-sales-robyn-denholm.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=AF76BD92-7D5D-4EF8-B784-F82061DF226F
Elizabeth Warren is raising concerns to Tesla Board Chairman Robyn Denholm that its Board of Directors failed to meet its legal responsibility to protect Tesla and uphold its fiduciary duty to shareholders from Elon Musk's actions after he bought Twitter.
#ElizabethWarren #Tesla #RobynDenholm #ElonMusk #Twitter
https://www.warren.senate.gov/imo/media/doc/2022.12.18%20Letter%20to%20Tesla%20Board%20on%20Musk%20Concerns.pdf
Nonilex
Yonhap Infomax News
Manish Vij
Mufasa
Tesla News International