Another Tesla Insijder sells shares because CFO car manufacturer joins the President of the Committee in Stock

• At a time when the feelings in stocks are the most sensitive in the monthsVaibhav Taneja has decided to bring in more of his shares, which is $ 90 to $ 8 million in total. “Tesla Bulls find their backs on the wall, “the analyst of Wedbush Securities Dan Ives admitted.

Tesla’s chief Vaibhav Taneja has turned some of his shares in a car manufacturer into Gotovina, adding the pressure of sales to the besieged section.

The insider sale has contributed to a series of problems in the company, which is most vulnerable after interruptions to prepare a global display of refreshed Model Y, whose delivery makes up almost two -thirds of its business.

Partially due to the exclusion of production to rearrange the German plant, there sales It crashed 76% Last month.

Tesla published The SEC application in which he was informed by Taneja’s investors sold another $ 718,000 in stocks on Thursday, which is a total of just over $ 8 million in the last 90 days.

Different chair robyn denholm far larger Share sales This weekHowever, this one was guided Out of trading plan 10B5-1.

In other words, instead of the broker independently determines the sales time without the insider has a direct knowledge, Taneja actively decided to sell shares at the current market price.

The last thing investors need currently is more insiders who have brought in this sensitive compound given the mood the lowest of the last April.

“Tesla Bulls finds themselves back on the wall,” admitted analyst Wedbush Securities Dan Ives, who has a purchase assessment and a target price of $ 550. “This is the moment of checking the gut.”

The frequency with which Tesla’s more leadership used shares as their personal Piggy Bank remains a painful topic among a large number of shareholders.

Even the informal rule is selling if you ever see Musk’s younger brother Kimbal, a director on the Committee, unloading his supplies because he has a feeling during the top.

6. February, proved it once again after liquidation $ 27.6 million Stock value at an average price only shyly than $ 368. The Tesla section fell almost 30% of.

The sale before when the price was higher at the end of December was not an option, because the sec sets strict windows during which insiders can be sold safely when they do not use a 10B5-1 plan. The ideal time is shortly after the submission of quarterly results, which in Tesla case was on January 29th.

Tesla now basically renounced all his gains from Trump’s choices, when he doubled in the range of only six weeks, becoming more valuable than All car manufacturers combined.