<p>Tesla Inc chair Robyn Denholm sold more than $22 million worth of shares in the electric-car maker after exercising stock options, according to a filing with the US Securities and Exchange Commission (SEC).</p>.<p>Denholm sold 31,250 shares at weighted average prices ranging from $703 to $726.200 in transactions that took place on August 2, according to the filing from Wednesday.</p>.<p>Denholm, who joined Tesla's board as an independent director in 2014, replaced Chief Executive Officer Elon Musk as the chair in 2018, fulfilling a demand by the SEC to strip the job from Musk.</p>
<p>Tesla Inc chair Robyn Denholm sold more than $22 million worth of shares in the electric-car maker after exercising stock options, according to a filing with the US Securities and Exchange Commission (SEC).</p>.<p>Denholm sold 31,250 shares at weighted average prices ranging from $703 to $726.200 in transactions that took place on August 2, according to the filing from Wednesday.</p>.<p>Denholm, who joined Tesla's board as an independent director in 2014, replaced Chief Executive Officer Elon Musk as the chair in 2018, fulfilling a demand by the SEC to strip the job from Musk.</p>