Kimbal Musk, a Tesla Inc. board member and the brother of Elon Musk, netted more than $17 million this week by exercising options and selling the shares for prices far higher than what he paid for them.
Musk acquired 100,000 shares through options for $24.73 apiece Monday, according to a filing with the Securities and Exchange Commission released late Wednesday. He then sold 100,000 shares of Tesla TSLA for average prices spanning from $192.280 to $202.520.
He…
This post was originally published on Market Watch
