Former Tesla SVP Drew Baglino sold $181.5M shares after resignation amid company restructuring.

Former Tesla SVP Drew Baglino has sold shares worth approximately $181.5 million in the electric vehicle company, following his recent resignation. Baglino, who served as senior vice president of powertrain and energy engineering, is exercising stock options in the sale. Tesla is undergoing a broad restructuring, cutting more than 10% of its global workforce and focusing more on self-driving technology and robotaxi development.

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