While Kimball Musk still owns a substantial amount of stock in the company, he sold nearly $30 million last month.

As Tesla stock has fallen in recent weeks, members of the board and an executive at Elon Musk's company have sold off millions of dollars in stock, according to filings.

Tesla shares dropped amid a broader tech selloff, as analysts warned of lower overseas demand for the EV maker's cars and a consumer backlash against Elon Musk's political activities. The stock was down nearly 4% at below $229 in midday trading,

Tesla stock is barreling toward a ninth-straight weekly drop, falling another 7% on Tuesday.Shares have now plummeted 53% from record highs reached in mid-December.There are two new factors behind the Tesla sell-off,

That wasn't the only competitor news impacting Tesla today. Zeekr, owned by Geely Auto, is reportedly offering an advanced driver-assistance system to Chinese customers for free. Tesla charges a monthly fee for its full self-driving technology in the U.S. if customers don't pay for it at the time of the vehicle purchase.

Tesla (NASDAQ:TSLA) stock has had a bumpy start to 2025, as the EV maker continues to struggle with slowing sales and deliveries that began in