Tesla board members and executives sold over $100 million in stock since February as shares declined significantly. James Murdoch sold approximately $13 million in shares on March 10, coinciding with the largest decline in five years.
Kimbal Musk and Robyn Denholm offloaded $27 million and more than $75 million in shares, respectively.
Concerns have emerged from shareholders about the sell-offs, with calls for Elon Musk to refocus on the car company rather than governmental cost-cutting efforts.