Insider Selling: Tesla Motors Inc. (TSLA) Insider Sells 33,430 Shares of Stock

Tesla Motors Inc. (NASDAQ:TSLA) insider Jeffrey B. Straubel sold 33,430 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $190.82, for a total transaction of $6,379,112.60. Following the completion of the transaction, the insider now owns 359,655 shares of the company’s stock, valued at $68,629,367.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Tesla Motors Inc. (NASDAQ:TSLA) opened at 196.65 on Friday. Tesla Motors Inc. has a 12 month low of $141.05 and a 12 month high of $269.34. The stock’s market capitalization is $29.48 billion. The stock’s 50 day moving average is $194.23 and its 200-day moving average is $210.26.

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