Insider Alert: Tesla Director Offloads Nearly $10 Million in Stock

This article first appeared on GuruFocus.

Tesla (NASDAQ:TSLA) board director Kathleen Wilson-Thompson sold about $9.98 million worth of shares on April 30 through multiple transactions conducted under a pre-set trading arrangement.

Tesla (NASDAQ:TSLA) The transactions were tied to previously exercised options and executed at varying prices, the filing showed.

Tesla (NASDAQ:TSLA) said the director exercised 40,948 stock options granted at $14.99 each before selling 27,389 shares in a series of staged transactions. The options had fully vested in 2022, allowing conversion into common equity, according to the disclosure.

Tesla (NASDAQ:TSLA) transactions were carried out under a Rule 10b5-1 plan established in November 2025, a framework designed to schedule insider sales in advance and reduce timing discretion. Following the activity, the director retained about 48,399 shares, the filing indicated.

Tesla (NASDAQ:TSLA) filings showed the move aligned with standard board compensation practices tied to long-term equity awards. The disclosure did not include operational updates or changes to company guidance, and the activity was framed within routine governance-related portfolio adjustments.