May. 30 at 8:27 AM
$TSLA 10. INSIDER SELLING — UNANIMOUS EXIT
Excluding Musk, insiders sold 50%+ of combined holdings (~
$2B) in ~12 months
Zero insider purchases across all executives and board members (except one
$1M token buy by Gebbia, immediately dwarfed by
$32M Denholm sale the next day)
Denholm (Board Chair):
$558M sold, 19 sells / 0 buys in 5 years, built private investment firm with proceeds
Ehrenpreis (Compensation Committee Chair):
$162M in one day
Zhu (SVP, China): sold 82% of holdings
Kimbal Musk (Elon's brother):
$85M+ across multiple sales
Taneja (CFO): selling systematically, most recent May 13, 2026 — exercise at
$18, immediate sell at
$450
All insiders paying 40-50% tax on proceeds rather than holding a stock the CEO claims will 10x
Musk simultaneously telling retail investors short sellers will be "obliterated"
Denholm was cashing out while Musk urged employees to "hang on to your stock"
