Ira unloads some Tesla stock, makes $9.8 million

Ira Ehrenpreis, a longtime champion of clean tech and one of Silicon Valley’s most prominent venture capitalists, unloaded 60,052 shares of Tesla Motors stock at the $163 to $164 range, according to a very interesting form filed with the SEC Thursday. The SEC keeps track of insider trading with Form 4s.

That means Ira just made a cool $9.8 million. Ira chairs Tesla’s nominating and governance committee and is chair of the board’s compensation committee.

Each winter, Ira hosts a Clean Tech investor summit in Palm Springs. This Feburary, Ira interviewed Tesla CTO J.B. Straubel.

Ira Ehnrenpreis has served on Tesla’s Board of Directors since 2007 and is general partner at Technology Ventures.

 

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  • Alstonalston

    The analysts at BidnessEtc recommends investors proceed with caution on the stock, know the investment risk and be aware that it is trading at very high multiples.

 
 
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