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Fortune
Fortune
Christiaan Hetzner

Elon Musk confidant James Murdoch becomes the latest Tesla insider to sell, cashing in $13 million amid the historic single-day plunge

James Murdoch, founder and chief executive officer of Lupa Systems, departs court in San Francisco following a trial related to Tesla. (Credit: David Paul Morris—Bloomberg/Getty Images)
  • The estranged son of Australian media mogul Rupert Murdoch exercised some of his stock options, contributing to the worst single-day loss for Tesla since September 2020.

Tesla shareholders just can’t catch a break right now. 

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