Kimbal Musk sells Tesla stock worth about $28 million as Elon's brother cashes in on rally since Trump's victory
1. Kimbal Musk sold 75,000 Tesla shares worth $28 million, reducing his stake significantly. 2. Tesla stock is down 13% in 2023 despite a 40% rise since November's election. 3. Elon Musk's political involvement may negatively influence Tesla's sales and perception. 4. Insider selling can signal negative sentiment about a company's future performance.