Robyn Denholm, Tesla Inc.’s Chair, sold company shares worth over $35 million amid their post-election surge.

On November 15, Denholm exercised 112,390 stock options set to expire next year. These transactions were pre-arranged in July under an insider trading plan. After accounting for exercise costs, the net profit amounted to approximately $32.5 million.

Since the elections, Tesla’s shares have risen by 38%, adding more than $300 billion to the company’s market capitalization. Investors are optimistic that Donald Trump’s election will favor Tesla’s growth.

Tesla remains one of the fastest-growing companies despite changes in leadership. Robyn Denholm assumed the role of Chair in 2018 as part of an SEC agreement following accusations of securities fraud against Elon Musk.