Former Tesla Exec Guillen Sells $274M in Stock

Jerome Guillen, a longtime Tesla employee or oversaw numerous parts of the business, sold an estimated $274 million worth of shares in the automaker this month.

Reuters reported a Securities and Exchange Commission filing that shows Guillen sold 215,718 shares for $129 million on June 15, 145,289 shares worth $89.6 million on June 14, and 90,111 shares worth $55 million on June 10.

Guillen’s last day at the company was June 3. He has spent the previous three months as president of the Heavy Duty Trucking division.

Prior to that, he had important roles across the business. He ran the company’s entire vehicles business as president of Automotive, vice president of Trucks, and vice president of Worldwide Sales and Service. He reported directly to Chief Executive Elon Musk for a decade.

Guillen has not commented on his plans for the future.

Image: Wikipedia

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