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IPFS News Link • Business/ Commerce

Tesla Director Antonio Gracias Has Now Dumped Almost All Of His Personal Stock

• https://www.zerohedge.com, By Tyler Durden

A Form 4 filed on 6/5/2019 shows that Gracias again blew out stock between $177.70 and $185.70 after exercising options. As some noted, this Form 4 says that Gracias now has just 466 shares left personally, and that his remaining shares are held in funds.

As you can see from the below chart, Gracias' sale follows a long line of insider selling from Tesla executives since late last year.

Gracias and other long-time top Musk lieutenant, JB Straubel, have been selling, collectively, over $50 million in stock since last November. Reminder, we wrote days ago that Straubel's office presence at Tesla was reported to be "scarce". 

Others noted that the pace that Gracias is selling at would leave his funds with no stock left to sell by "early 2020". 


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