Current, Former Tesla Board Members Cash in on Stock Rally

Current, Former Tesla Board Members Cash in on Stock Rally
The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland on Oct. 28, 2020. Arnd Wiegmann/Reuters
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BANGALORE/SAN FRANCISCO—Tesla Inc. board member Ira Ehrenpreis sold shares of the electric carmaker worth more than $200 million on Wednesday, after the stock crossed the $1,000 mark for the first time to hit a record, according to filings.

Antonio Gracias, a former Tesla board member whose term expired earlier this month, also filed his planned sale of $610 million worth of shares on the same day, filings showed.