Tesla(US:TSLA) Benzinga·2025-12-14 20:55Core Insights - Kimbal Musk, a board member of Tesla Inc., sold over $25 million worth of Tesla shares, indicating a strategic move to capitalize on the stock's recent surge [1][3] - He also donated 15,242 shares to a donor-advised fund, valued at approximately $6.8 million, showcasing a blend of personal financial management and philanthropy [2][3] - Despite these transactions, Kimbal retains a significant stake in Tesla, holding 1,376,373 shares directly [2] Summary by Sections Share Sale - Kimbal Musk sold 56,820 shares of Tesla common stock on December 9 at a weighted average price of $450.66, totaling around $25.6 million [1] - Individual transaction prices ranged from $450.44 to $450.90 [1] Donation - The SEC filing revealed Kimbal donated 15,242 shares to a donor-advised fund, valued at about $6.8 million based on the execution price of the sold shares [2] Strategic Implications - The timing of the sale coincides with a surge in Tesla's stock price, allowing Kimbal to realize gains [3] - The donation strategy enables immediate tax deductions while allowing for future charitable distributions, reflecting a calculated approach to managing his Tesla holdings [3]