Tesla investor accuses Elon Musk of insider trading that banked him $7.5 billion

• Tesla investor Michael Perry sued Elon Musk for insider trading.
• He accused Musk of selling $7.5B worth of Tesla stock, knowing the company would miss Q4 targets.
• The stocks would be worth 55% less if Musk sold them after the Q4 results were released, he alleged.

A Tesla investor accused Elon Musk of using insider information on his company to sell $7.5 billion worth of Tesla stock in 2022, according to a lawsuit filed Thursday in Delaware Chancery Court.