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TSLA
New York Post
96 days

Telsa chair, Robyn Denholm, sold stock worth $230 million as company profits plunged

1. Tesla Chair Denholm sold over $230 million in stock amid protests. 2. Stock price fell one-third after Musk's Trump endorsement. 3. Denholm's sales were pre-arranged, not necessarily pessimistic. 4. Tesla's profits dropped 71% in the first quarter. 5. Stock rose 4% after Musk stepped back from Washington work.

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FAQ

Why Bearish?

The significant insider selling amid declining profits indicates potential lack of confidence.

How important is it?

Insider actions amid political and financial turmoil can significantly influence market perceptions.

Why Short Term?

Recent selling trends might affect market perception quickly amid ongoing controversy.

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