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While Tesla is going through one of the more complicated moments Of recent years due to a drastic fall in its sales, Robyn Denholm, president of the company’s board of directors has starred in a series of movements that have caught the attention of investors and analysts.
In the middle of the Financial storm and of A reputational crisis That whips the manufacturer, Denholm has sold a significant part of his Tesla shares, obtaining about 230 million dollars, while Elon Musk asked his investors to maintain his shares. The paradox that Denholm raises is evident: while the company struggles to recover the market and customer confidencethe most responsible for the Council unchanges the fate that Employees can run and Tesla shareholders.
Millionaire sales in full crisis. According to He informed Associated PressRobyn Denholm has sold more than 230 million dollars in Tesla shares since Elon Musk He expressed his support for Donald Trump After his attack.
More than half of this amount was obtained in the first four months of 2025, just before the value of Tesla’s actions lost a good part of its value And that its benefits They will collapse 71%.
Little attachment for actions. One of the reasons why the directors and members of the Board of Directors of the companies receive a good part of your salary in shares is to link its economic benefit with The prosperity of the company They represent. Therefore, when a manager sells shares during a crisis, investors perceive that something very bad happens.
According to published by The New York Timessince Denholm assumed the presidency of the Tesla Board of Directors at the end of 2018, he has sold titles worth $ 530 million, undoing more than 1.4 million shares. That represents more than half of your participation in the company. According to the regulations of the US stock and values commission (SEC), most of these sales were made under Pre -established sales plans presented as of July 2024, coinciding with the Elon Musk’s political implication And the beginning of Turbulences for Tesla.
Contradictions with Musk’s speech. Although the operation of shares by Denholm is completely legal, the chosen moment has generated doubts about his confidence in the future of Tesla. His mass sale of shares contrasts with the message that Elon Musk directed its employees Last March, when he explicitly asked them to “hold on to their actions” and not sell them, trusting in the “brilliant and exciting” future for the company, although the price of their shares did not stop falling.
While Musk I tried to calm down To the workforce and the small investors with a categorical “what I am saying is that they keep their shares,” Denholm opted to liquidate part of their assets in the company, sending a signal opposite to the market and minority shareholders.
Controversies in its management. Denholm’s management at the head of the Board of Directors of Tesla had already been subject to controversy before its massive sale of shares. Both Denholm and other council members were accused in court for not properly protecting the interests of shareholders, especially during the approval process of the Elon Musk’s salary package.
Reuters It echoed In July 2023 that Denholm and other executives of Tesla had reached an agreement to return 735 million dollars, after being accused of having granted excessive compensation taking advantage of their position in the company, reinforcing the image of a more focused management on their own benefit than on the collective interest of the shareholders.
On May 1, 2025, Tesla canceled the rights on Packages of Actions of Actions of Denholm and other executives of Tesla as payment of that sanction.
Image | Wikimedia Commons (Cebit Australia), Tesla
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