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Tesla Stock Tests Key Resistance Level As Former Top Executive Divests 1.14 Million Shares

KIT NORTON
·2 minuto per la lettura
Tesla Stock Tests Key Resistance Level As Former Top Executive Divests 1.14 Million Shares

Tesla is looking to make a move above a key resistance level after gaining more than 15% this week following first-quarter earnings. Drew Baglino, who served as senior vice president of powertrain and energy at Tesla, sold 1.14 million TSLA shares for around $181.5 million, according to SEC filings Thursday. Baglino announced on April 15 via a post on X, formerly Twitter, that he had decided to leave Tesla.

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