Board leader Tesla Robyn Denholm sells $ 32 million in action – bringing total sold to more than $ 150 million

Board leader Tesla Robyn Denholm has sold another part of the stock shares after the company’s shares are shocked by Elon Musk’s controversial links with the Trump administration, discovered regulatory registrations this week.

Denholm, 61, sold 112,390 Tesla shares worth more than $ 32 million, according to a SEC layout on Tuesday. Since December, Denholm has sold more than $ 150 million in stock, according to the Electrek Electric Car News blog.

Following the latest sales, Denholm owns about 85,000 shares and has 300,440 shares opportunities that will expire at the end of the year. Denholm’s mandate as chairman of the board is ready for another vote next year, according to Reuters.

Sales of shares of the sparked speculation for the future of Denholm in Tesla. Electrek speculated that Denholm “seems to be fully liquidating its shares.”

However, Tesla Bull and investor Larry Goldberg withdrew back. He claimed in a post x that the report was “deceitful” and that Denholm is likely to exercise stock options that will expire while selling a portion to cover the escorted taxes.

Tesla did not immediately return the post for commentary request.

Denholm for the first time joined the Tesla 2014 board and became chairman in 2018 after regulators forced Elon Musk to withdraw from the role.

Since board membership, it has received more than $ 680 million in cash and shares-being ranked as the highest paid chairman of any US public company, according to a Reuters March analysis.

Last year, Denholm and other members of the Tesla board faced criticism by a judge in Delaware who said the salary package they approved for Musk was too much. The judge’s decision to reject the Musk’s salary package led the billionaire to transfer Tesla’s involvement in Texas.

Meanwhile, Tesla is in the middle of a rough patch – partially directed by Musk’s controversial work with President Trump and the government’s efficiency department.

Company’s vehicle surrenders fell 13% in the first quarter, while net income fell from a 71% uncle while Tesla traders across the country faced a wave of arson attacks and vandalism.

Last week, Musk told analysts that he planned to spend more time by running Tesla now that the “main work” of DOGE placement had become. However, he said he would continue to advise the Trump administration as needed.

Tesla shares have been absorbed in value for more than 25% since the beginning of the year.