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Elon Musk's brother Kimbal sold Tesla shares worth $8 mn last week
short by Hiral Goyal / on Tuesday, 6 April, 2021
Kimbal Musk, the younger brother of Elon Musk and Tesla board member, sold 12,000 Tesla shares worth about $8 million on April 1. The shares were sold as part of a trading plan agreed upon in May 2020, filings revealed. Kimbal Musk exercised his stock options on the same day, allowing him to buy 12,000 Tesla shares for $890,000.