🔴 TESL is trading 6.2% down today on insider selling and vehicle price hikes

TESL is trading down 6.2% today, weighed down by company-specific news that overshadowed broader macro concerns.

• The company unexpectedly raised prices on some of its top-selling Model Y vehicles, sparking investor concern over demand.
• A Form 4 filing disclosed that CFO Vaibhav Taneja sold 3,000 shares of the company on May 18.