Kimbal Musk, board member of Tesla Inc., sold 74,077 shares, totaling around $27.6 million according to a recent SEC filing. This sell-off occurred on February 6, 2025, at an average share price between $367.87 and $368.43.

Details of the Stock Sale

• Shares Sold: 74,077
• Total Value: ~$27.6 million
• Price Range: $367.87 – $368.43
• Remaining Holdings: 1,463,220 TSLA shares

The current trading price for Tesla stands at $350.73,Illustrating the ongoing volatility of the company’s stock. Analysts note that despite this decline, Tesla remains highly valued compared to industry competitors.

Tesla’s China Sales Decline & Price Increases in the U S

China EV Sales Drop: Tesla’s sales of vehicles made in China fell by 11.5% YoY to 63,238 units.
Price Increase on Model X: Tesla has raised the price of its Model X AWD from $79,990 to $84,990, signaling a shift in pricing strategy.

Tesla’s market capitalization currently reaches $1.13 trillion and the company holds a financial health score of “FAIR” according to InvestingPro.

Keep updated on Tesla insider transactions and SEC filings for the latest developments.