Tesla CFO sold over $19M in stock this year

Group 1 - Taneja's sales averaged between $1 million to $2 million a month, following a $139 million compensation package in 2024, making him one of the highest-paid executives in the EV company [3] - The sales occurred during a challenging year for the EV maker, facing backlash from consumers and shareholders due to CEO Elon Musk's actions and increasing competition [4] - Tesla's market share fell to an eight-year low, with EV sales accounting for 38% of total U.S. EV sales in August, marking the first time it dropped below 40% since October 2027 [5] Group 2 - Tesla reported a 12% year-over-year revenue increase for the third quarter, but operating income decreased by 40% to $1.6 billion, and net income attributable to common shareholders fell by 37% [6] - Shareholders increased scrutiny on CEO Elon Musk amid weak sales and profits, leading up to a contentious "say on pay" proposal for Musk's potential $1 trillion pay package [7] - CFO Vaibhav Taneja sold $1.1 million in stock recently, bringing total sales for the year to over $19 million, with a trading arrangement allowing for the sale of 84,000 shares [8]