Tesla Executives Sell Over $100 Million Amid Stock Decline, Market Concerns

Tesla's stock has experienced a dramatic decline, dropping nearly 50% since its peak in December 2024, prompting top executives and board members to sell over $100 million in shares. Concerns over declining sales, particularly in key markets like China and Europe, coupled with Elon Musk's controversial political involvement and the broader competitive landscape, have fueled investor pessimism. Key figures, including Kimbal Musk and James Murdoch, have offloaded significant amounts of stock during this downturn, including Murdoch's sale coinciding with Tesla's largest single-day decline in five years. Analysts are projecting disappointing delivery numbers for 2025, with predictions falling to 1.8 million vehicles, down from earlier estimates. The company's struggles are exacerbated by challenges in maintaining its self-driving technology amid stringent regulations, particularly in China. Despite some sales being planned, the overall sentiment reflects waning confidence in Tesla's immediate future.