Ex-Tesla president sold stocks worth $247 million since June 10 – SEC filing

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Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission (SEC). The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10. Guillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company’s entire vehicles business before being named president of the Tesla Heavy Trucking unit in March.

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