- Tesla board chair Robyn Denholm’s latest sale means she has liquidated roughly $117 million in stock in total over the past three months. All the sales were part of a preapproved trading arrangement known as a 10b5-1 plan that is set in advance, but Denholm dumping hundreds of thousands of shares of Tesla nonetheless comes at a time when the stock has given back almost all its gains since President Trump won the election.
Once again, Tesla board chair Robyn Denholm pocketed millions of dollars from stock sales. This time however it came at a sensitive juncture for the carmaker when confidence in her ability to serve as an independent counterweight to CEO Elon Musk is already shaken.
