Baglino sold Tesla stock due to a 90-day post- termination or leaving window period

$Tesla(TSLA.US)$ $BYD COMPANY(01211.HK)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ The article reported that Drew Baglino sold ~$181 million of $TSLA stock today due to a 90-day post-termination (or leaving) exercise window period.  Upon leaving a company, you have to exercise (ie, pay) for your vested incentive stock options or else lose them. Some of the proceeds will go to paying taxes. Based on SEC document, Drew exercised these stock options today.

My Take: Someone used the selling of Tesla shares to create fear that Balino lost confidence in Tesla which is not true. It was explained clearly that Balino sold Tesla shares before which were a common practice as Tesla employees need cash at certain times. According to Krazy Speculator, other Tesla employees like Franz, Lars and Ashok who left the company didn't sell the share of evidence that "Balino lost confidence in Tesla" story is fabricated. It is predicted that such FUD comments will keep coming after the Tesla share price rallied 12% after the earnings call. Read here:
6 Things that are going to happen after the Tesla Q1 Earnings Call