These U.S. politicians dumped Tesla shares just before big earnings miss

These U.S. politicians dumped Tesla shares just before big earnings miss

The post These U.S. politicians dumped Tesla shares just before big earnings miss appeared on BitcoinEthereumNews.com.

⚈ Politicians sold Tesla shares ($1,001-$250,000) in March 2025, some before an 8% drop post-Q1 earnings miss.⚈ Tesla’s Q1 2025 earnings ($0.27/share, $19.34B revenue) missed forecasts due to competition and Musk backlash.⚈ Tesla’s stock rose 6% to $252 after-hours on April 22, down 40% year-to-date amid supply chain issues. In the weeks before Tesla’s (NASDAQ: TSLA) disappointing Q1 2025 earnings report, several U.S. politicians cashed out on their holdings in the electric vehicle (EV) giant. Among them, Representative Gilbert Ray Cisneros sold Tesla shares valued between $1,001 and $15,000 on March 31, 2025. Since his trade, TSLA’s stock has dropped over 8%, making a potentially perfect-timed transaction for the short term.  New Jersey’s Josh Gottheimer, a frequent trader, sold a similar amount of Tesla shares on March 19, 2025. His sale preceded a modest 0.89% gain in the company’s stock price. On the other hand, Republican Robert Bresnahan made three Congress trades, each between $1,001 and $15,000, on March 6, 10, and 11, 2025. The outcomes varied, with a nearly 10% drop following his first transaction and gains of 7% and 3.2% following the others. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal Lastly, Congressman Vicente Gonzalez executed one of the most significant Tesla stock transactions in the lead-up to the earnings report. According to Finbold’s Congress Trades tracker, the lawmaker bought TSLA shares on March 4 and sold them at a value of between $100,000 and $250,000 on March 17. This Gonzalez transaction stands out as potentially one of the largest Tesla stock sales by a politician in the past year. Tesla’s disappointing earnings  In its April 22…