Tesla Chair Robyn Denholm, Musk Deputy Andrew Baglino Set Up Stock-Sale Plans - Bloomberg
Hyperdrive

Tesla’s Board Chair and a Top Musk Deputy Set Up Plans to Sell Stock

  • Robyn Denholm and Andrew Baglino set up share-trading plans
  • Insider selling could add to pressures on Tesla’s stock

Tesla Inc.’s board chair and a top deputy to Chief Executive Officer Elon Musk set up share-trading plans late last year allowing them to sell significant sums of stock in the coming months.

Chair Robyn Denholm set up an insider share-trading plan in October for the potential sale of up to 281,116 shares, which would be worth $51.5 million at Tesla’s latest closing price, according to a regulatory filing.