Departing top Tesla exec cashes out almost his entire stake for $181 million as longtime bull Ron Baron calls bottom in the stock
aol.com/departing-top-tesla-exec-cashes-120109437.html
Drew Baglino is cashing out. The former senior vice president in charge of powertrain engineering at Tesla liquidated virtually his entire stake in the company—worth $181 million—days after leaving the company last week.
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…
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