Chairwoman Robyn Denholm Seizes Opportunity for Profits in Tesla Stock
Thursday, 9 May 2024, 08:51
Insider Trading Strategy Unveiled
With Tesla's (NASDAQ: TSLA) stock on the rise, Chairwoman Robyn Denholm sold shares at opportune moments, generating substantial profits. Denholm strategically timed her sales at peak values, showcasing her insider trading prowess.
Key Trading Activity
- Denholm sold approximately 93,000 TSLA shares at an average of $184.85 per share.
- Her well-timed sales coincided with peak values, resulting in significant profits.
Legal Battles and Shareholder Support
- Denholm faced legal challenges within the company, particularly related to Tesla's CEO pay plan.
- She and Musk are seeking shareholder support for proxy proposals, including potential reinstatement of Musk's compensation package.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.