Tesla Chair Denholm Sells $32M in Stock, Totaling $150M

Tesla board chairwoman Robyn Denholm recently sold approximately $32 million worth of Tesla stock, the latest in a series of similar transactions as part of a pre-established plan. While some reports have speculated that Denholm is close to liquidating her entire stake, others argue these sales are routine exercises of stock options, often with shares sold to cover related taxes, and that she is not reducing her net investment in the company. After the latest sale, Denholm retains about 85,000 shares and over 300,000 options, with some sources noting that she has increased her shareholdings over recent years through option exercises. The pattern of insider sales, particularly Denholm’s, has drawn scrutiny amid Tesla’s ongoing market volatility and controversies surrounding CEO Elon Musk. Critics have also linked these sales to dissatisfaction with Musk's leadership and Tesla’s recent business challenges, though Denholm’s actions align with standard executive compensation practices. The situation remains closely watched by investors as signals about Tesla’s future direction and board confidence.