Summary
Multiple Tesla executives and board members, including James Murdoch, Robyn Denholm, Kimball Musk, and CFO Vaibhav Taneja, have sold over $100 million in company stock amid a 50% price decline since December.
Tesla’s market cap has dropped $800 billion, reducing Elon Musk’s net worth by approximately $100 billion.
The selloff coincides with consumer backlash against Musk’s role in the Trump administration as head of DOGE.
To the rubes wayching Fox News when the Commerce Secretary came on and begged people to buy the stock