Insider trade

Kimbal Musk sold about $25.6M of Tesla shares on Dec 9, 2025

Traded Dec 9, 2025 · Filed Dec 12, 2025

TeslaTSLA

~$25.6M
Reported value · 57K sh @ $450.66: 1.39M
Holds after · shares reported: -20.5%
stock since the trade · S&P 500 +11.8%, $445.17 → $354.11 on Oct 1

Why it stands out

A board member of Tesla sold $25.6M of Tesla shares. Nobody planned it ahead of time.

No pre-arranged plan is mentioned in the filing
Sold 4% of their holdings
Their first sale in the data covering the past year
3 insiders at Tesla sold within a month

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 9, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 12, 2025

Director$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$25,606,501

Shares × reported transaction price

Timing vs results

48 days after results of Oct 22, 2025, 24 days before results of Jan 2, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $445.17 on Dec 9, 2025, 101% above its 52-week low and 7% below its high, after a 2% drop over the previous 30 trading days

52-week range $221.86 (Apr 8, 2025) to $479.86 (Dec 17, 2024), 87% of the way up, from 250 adjusted closes. 30 trading days earlier: $452.42 on Oct 27, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+4.8%	-0.2%	+5.0%
30 days	-2.2%	+2.0%	-4.2%
90 days	-13.9%	-2.3%	-11.6%
180 days	-16.9%	+6.4%	-23.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001104659-25-120387
Filed / recorded: Dec 12, 2025, 12:00 AM UTC
Added to OQRO: Oct 1, 2026, 11:17 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Tesla, Inc.
Issuer CIK: 1318605
Ticker: TSLA
Reporting person: Kimbal Musk
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 9, 2025
Transaction code: S
Shares / units: 56,820
Price per share: $450.66
Acquired / disposed: Disposed (D)
Shares owned after: 1,391,615
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $450.44 to $450.90, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Around the same time

Director sold ~$786K of Tesla

Scheduled in advance9mo ago

Director sold ~$737K of Tesla

Scheduled in advance9mo ago

Director sold ~$1.32M of Tesla

Scheduled in advance9mo ago