Tesla Board Members and Executives Sell Off $100 Million in Stock Within the Past Few Weeks

Tesla is back in the headlines—and not in a good way. Tesla board members and executives have sold off over $100 million in stock within the past few weeks, sparking concern as the company’s stock continues its downward spiral.

According to filings from the U.S. Securities and Exchange Commission, the electric vehicle powerhouse has seen a massive selloff of shares totaling over $118 million since February. The stock sales have raised eyebrows, especially as Tesla’s valuation drops nearly 50% amid market pressure and leadership changes, ABC News reported.

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Inside the Tesla Stock Selloff: Who Sold and Why It Matters

Let’s get into the money trail. SEC filings reveal that the massive sell-off of Tesla stock wasn’t a coincidence. It’s tied to stock option exercises, preplanned trading schedules, and a response to the ongoing drop in Tesla’s share price.

Kimbal Musk and Robyn Denholm Offload Millions in Shares

One of the most notable sales came from Kimbal Musk, Elon Musk’s brother and a Tesla board member. Last month, he unloaded 75,000 shares, bringing in a whopping $27 million. Meanwhile, Tesla Chairwoman Robyn Denholm executed two major transactions totaling $75 million, both part of a pre-scheduled plan. Another filing showed sales related to 531,787 stock options, which are set to expire in 2025. These exercised options resulted in large-scale transactions that added to the growing selloff trend across Tesla’s top brass.

Executives Cashing Out While Stock Tumbles

These stock sales are happening at a time when Tesla’s shares have dropped nearly 50%, adding more tension to the market. Analysts suggest the recent stock dump may appear routine on paper, but the timing aligns with broader investor skepticism and declining confidence in Tesla’s near-term performance.

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What’s Fueling the Tesla Stock Slide?

It’s not just internal sell-offs causing alarm — Tesla’s share value has been spiraling for months. And now, all eyes are on the factors behind the volatility.

Euros won’t buy his cars because they hate him & he tampers w/their elections. Dems wont buy them for same reason. His sales in China are tanking because they can buy the same car for half the price from others. Officers & big shareholders are dumping stock-including his brother. https://t.co/pcG62cfU6G

— Ron Filipkowski (@RonFilipkowski) March 19, 2025

Leadership Changes & Government Ties Raise Questions

Some critics point to Elon Musk’s new role as head of the Department of Government Efficiency, which has raised concerns over his attention being divided between Tesla and public sector responsibilities. Since taking on the role, Tesla’s stock has taken several hits, with investors fearing a loss of focus and weakened company vision.

Others believe Tesla’s market dip is part of a larger EV sector slowdown, but its own executives’ consistent stock dump adds fuel to the fire.

Fellas, is this good? pic.twitter.com/IEhRDOZ51d

— The Lincoln Project (@ProjectLincoln) March 18, 2025

Live look at Tesla stock holders right now https://t.co/W3I9cdYLww pic.twitter.com/MYrOdeXVuv

— Kevin Kindall (@Coach_Kevin501) March 19, 2025