Former Tesla Executive Andrew Baglino Sells Over $180M Worth of TSLA Shares
Former Tesla Executive Andrew Baglino Sells Over $180M Worth of TSLA Shares
Former Tesla executive Andrew Baglino sold over $180 million worth of TSLA shares, sparking criticism on insider trading practices. Baglino's departure from Tesla prompted the sale of 1.1 million shares, potentially impacting the company's stock price and market sentiment.
As some commenters suggest, Baglino's stock sale could be part of his compensation package. However, his actions have raised questions about the ethics and fairness of insider trading in the industry.
Experts are revising their price targets for Tesla stock in 2024, with concerns over EV fundamentals and the impact on investor sentiment.
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