Do the board members of Trump’s chief tech thug Elon Musk’s Tesla know something that the rest of us don’t?

While Musk continues to divide America with his ham-fisted cost slashing and job cutting as the spokesperson for DOGE (Department of Government Efficiency), his fellow directors at Tesla have been voting with their wallets.

Rupert’s less favoured son, James Murdoch, recently exercised stock options worth $US13 million and immediately sold them.

Tesla chairwoman, Australia’s Robyn Denholm, unloaded $US75 million worth in November and December, then another $US43 million in February and a further $34 million in early March.

Another board member, Kathleen Wilson-Thompson, has sold more than $US100 million worth of her shares since last November.

Even Musk’s younger brother, Kimbal, sold $US 28 million on February 4 and the company’s CFO, Viabhav Taneja, sold $US2.5 million worth on March 3.

JP Morgan is forecasting that this quarter will be Tesla’s worst for car deliveries since 2022. Tesla’s new vehicle registrations halved year-on-year in January. And, JP Morgan says Tesla’s situation in Europe is even worse.

Overall, JP Morgan said: “We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly.”

And things don’t look like turning around any time soon. According to a CNN poll this week, the proportion of Americans who hold a negative view on Musk has grown from 35% to 53%.

Against this background, Musk is continuing his appeal against a Delaware court which rescinded his proposed pay package of $US56 billion. Delaware is where Tesla is incorporated.