Tesla Insider Picks Worst Possible Time for Stock Dump, Loses $1 Million
By CCN: Tesla stock is enjoying a roaring rebound this week. After months of slumping, Tesla is finally revving up. TSLA shares are nearly five percent higher this afternoon and have soared more than 15 percent from the recent bottom. One key Tesla insider is not enjoying the ride, however. That’s because Tesla Director Antonio Gracias dumped nearly all his TSLA stock at the height of the panic. According to a filing with the SEC, he unloaded 33,766 shares on June 3 at prices ranging from $177 to $186 per share. That leaves with him a laughably puny 466 share
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