[Asia Economy Reporter Baek Kyunghwan] Jerome Guillen, former Tesla president, is reported to have sold Tesla shares worth approximately 300 billion KRW after his resignation.
According to local media on the 20th, Guillen, who parted ways with CEO Elon Musk and left Tesla earlier this month, submitted a Tesla stock sale report to the U.S. Securities and Exchange Commission (SEC) detailing this transaction.
Guillen sold about 450,000 shares of Tesla stock worth 310.1 billion KRW, acquired through exercising stock options, in three separate transactions starting from the 10th. However, the exercise price of the stock options has not been disclosed.
Meanwhile, Guillen, a key aide to Musk, resigned from Tesla on the 3rd. After working at Daimler, he joined Tesla in 2010 and served as president of the automotive business and later as president of the truck division before his departure.
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