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Tesla, Inc. (NASDAQ:TSLA) stock may be hovering near $360, but one insider transaction just printed at a fraction of that — and it’s turning heads for the wrong reasons.
An SEC Form 4 filing shows Tesla Global VP Tom Zhu acquired 20,000 shares at just $20.57 per share. At first glance, that reads like a bold insider bet. But the reality is more nuanced — this wasn’t an open-market buy.
The $20 Catch
The transaction came through an options exercise, not a direct purchase in the market.
That distinction matters. Unlike traditional insider buying — where executives step …
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