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A Tesla Executive Sold Stock. It Wasn’t Elon Musk.
Tesla investors got a small surprise Friday after the market closed, with the electric vehicle maker disclosing another stock sale by a top executive. Musk’s stock sales have become a big deal for Tesla (ticker: TSLA) investors, requiring them to check in daily and keep track of the CEO’s trading activity. Since the poll, Musk has sold about 7.6 million shares, including ones that were sold to pay taxes when exercising expiring management stock options.