⚈ Shares rose 21.36% to $311.05, earning over $200K in under three weeks
⚈Trade gains came amid tariff relief and Musk’s expected reduced government role
Director Joseph Gebbia’s April 24 insider trade of Tesla (NASDAQ: TSLA) stock was immediately noted as unusual for being the first of its kind in years, and, by May 12, 2025, it also proved highly lucrative.
The buy, as picked up by Finbold’s insider trading radar, was executed at an average price of $256.31, meaning its total value amounted to just over $1 million.
By press time on May 12, Tesla stock had rallied 21.36% to $311.05, making the purchased shares worth $1.24 million. The electric vehicle (EV) maker’s latest, high equity price resulted from its strong performance in recent weeks, which took it to its latest closing price of $298.26, and from the Monday pre-market 7.73% rally that sent TSLA to its press time price.
Such a setup ensures that Gebbia’s insider trade was uncommon, both because it was the first such buy in more than half a decade and because it proved highly and rapidly lucrative, generating more than $200,000 in return in less than three weeks.
Why Gebbia’s Tesla stock insider trade can become more profitable
Tesla investors are almost guaranteed to greet Elon Musk’s expected departure from government duties with enthusiasm, while the latest round of technology and robotics promises could also trigger a rally.
One of the major downward pressure points has also recently been relieved. The latest trade talks between the U.S. and China appear to have been successful, as they have seemingly removed the majority of the prohibitively high tariffs, at least for the next 90 days.
Featured image via Shutterstock
Source: https://finbold.com/is-this-the-best-timed-tesla-stock-insider-trade-of-2025/