US EditionTesla’s Australian chair made $306 million as profits fell
- Robyn Denholm, Tesla's board chair since 2018, sold over 1.4 million shares under a prearranged trading plan starting July 2024.
- Denholm's trading plan was adopted shortly after Elon Musk endorsed Donald Trump for president, amid growing scrutiny of Tesla's governance.
- Her sales continued through early May 2025 as Tesla's stock price fell about 34% from its peak following backlash over Musk's political activities.
- Since 2018, Denholm has earned more than $530 million from selling Tesla shares, primarily through stock options earned during her time on the board, while retaining approximately 85,000 shares and close to 200,000 unexercised options.
- The sales raise questions about Denholm's confidence in Tesla amid investor criticism of board oversight and ongoing company profit challenges.
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ivpressonline.comReposted by 
Morning Times
Morning TimesThe chair of Tesla sold stock worth $230 million while profits at Elon Musk's carmaker plunged
NEW YORK (AP) — The chair of Tesla sold more than $230 million of company stock since Elon Musk's endorsement of Donald Trump triggered boycotts and protests against his cars, sending its profits and stock price plunging.
Sydney Morning Herald+2 Reposted by 2 other sources
Tesla’s Australian chair made $306 million as profits fell
In March, after a steep decline in Tesla’s share price, Elon Musk told employees: “Hang on to your stock.” The chair of Tesla’s board, Robyn Denholm, has not heeded his advice.
·Sydney, Australia
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