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Stock impact report

Departing top Tesla exec cashes out almost his entire stake for $181 million as longtime bull Ron Baron calls bottom in the stock [Fortune]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Fortune
In a regulatory disclosure , Tesla said Baglino has exercised the bulk of his vested stock options that converted into 1.14 million shares. He promptly dumped them onto the market on Wednesday, the day after Tesla filed its 10-Q statement, which was the earliest possible opportunity for a corporate insider. The options were at risk of expiring 90 days after his departure , but Baglino could have elected to retain a portion of his shares. Once a leading contender to replace Elon Musk on the Tesla throne, Baglino helped build the company's lucrative business in commercial energy storage led by its industrial scale Megapack battery, now quite possibly its highest margin manufactured product. But the solar roof business he runs dwindled to little more than a rounding error and Tesla this quarter stopped publishing deployment figures, its only reported metric. Worse the 4680 cell, once the foundational pillar that would ensure Tesla's cost competitiveness over its rivals, has run in Show less Read more
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