Here's Why Elon Musk's Brother Unloaded $25 Million In Tesla Stock

Kimbal Musk, brother of Elon Musk and a board member of Tesla Inc. (NASDAQ:TSLA), has offloaded over 25millionworthof Teslashares,asperarecentSECfiling.WhatHappened:KimbalMusk,knownforhisregulartradingactivities, sold56,820sharesofTesla commonstockonDecember9.Accordingtothefiling,thesharesweretraded ataweightedaverageprice of25 million worth of Tesla shares, as per a recent SEC filing. What Happened: Kimbal Musk, known for his regular trading activities, sold 56,820 shares of Tesla common stock on December 9. According to the filing, the shares were traded at a weighted average price of 450.66, with individual transactions ranging from 450.44to450.44 to 450.90, totaling approximately $25.6 million. The SEC filing also disclosed t ...