Tesla (TSLA) Director Kimbal Musk Sells $500K of Stock

July 8, 2013 5:32 PM EDT
Tesla Motors (Nasdaq: TSLA) motors is up in late trading amid a new insider sale disclosed today.

According to a Form 4, Director Kimbal Musk sold 4,244 shares of Tesla on July 3, 2013. Sales were made for an average price of $117.203 for gross proceeds of $497,409.53. Sales were made pursuant to a Rule 10b5-1 trading plan.

Following the sales, Musk holds on to 175,533 shares of Tesla.

The stock is up about 0.3 percent late Monday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Insider Trades

Related Entities

Tesla