Do as I say not as I do

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Tesla’s senior VP of engineering Doug Field has been selling down his stake in the company despite suggesting he’s  insulted by those shorting the stock. Field has sold over $6.5mn in stock since Sep 2015, selling $500k worth in recent months according to filings. Surely any company that has signed off on an incentive package triggered at a $650bn market cap (12x today) would be nuts to sell any of the stock now. Will Musk’s April Fool’s joke about Tesla’s bankruptcy actually become a self fulfilling prophecy? Be careful why you wish for!

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