Tesla’s board chair gets closer to liquidating all her stock.
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Tesla’s board chair gets closer to liquidating all her stock.
Robyn Denholm, who was appointed chair of Tesla’s board of directors after the SEC forced Elon Musk to step down, just sold over $32 million worth of shares in the company. As Electrek notes, it appears that she is close to liquidating her entire position in Tesla, with only 85,000 shares left and 300,440 stock options expiring later this year. Several Tesla investors have urged the board to rein in Musk, who’s political alliance with the Trump administration has done irreparable damage to the company’s brand. But under Denholm’s leadership, the board has done essentially nothing to curb Musk’s worst tendencies.