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Probe into Tesla employee stock plan

Discussion in 'TSLA Investor Discussions' started by Dan43, Apr 29, 2013.

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  1. Dan43

    Dan43 Member

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  2. Dan43

    Dan43 Member

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  3. vgrinshpun

    vgrinshpun Supporting Member

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  4. Johan

    Johan Took a TSLA bear test. Came back negative.

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    Well it's no news. A quick wikipedia search confirms what I always thought to be the case: the "10b5-1 plan" is the what we are seeing from Tesla insiders: excercising of options followed by automatic sale of a corresponding number of stock on predefined dates... nothing fishy nor illegal about that???

    This "news article" is a joke.
     
  5. luvb2b

    luvb2b Member

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    i'm pretty sure it is legitimate. one of the private equity investors in tesla dumped a bunch of shares shortly after tesla was aware that abu dhabi was going to sell a bunch.

    it's not good press but it is something that happened far in the past and i don't believe affects tesla today. it is not tesla committing any wrongdoing - rather it's the tesla director or his employer that was potentially engaged in illegal trading activity.
     

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