BANGALORE/SAN FRANCISCO—Tesla Inc. board member Ira Ehrenpreis sold shares of the electric carmaker worth more than $200 million on Wednesday, after the stock crossed the $1,000 mark for the first time to hit a record, according to filings. Antonio Gracias, a former Tesla board member whose term expired earlier this month, also filed his planned sale of $610 million worth of shares on the same day, filings showed. Tesla became the fifth company to hit the trillion-dollar benchmark on Monday following a deal with rental car company Hertz and after it recorded its best quarterly revenue and profits. Independent director Ehrenpreis exercised options to buy 370,000 shares at about $50 each on Wednesday before their expiration in June next year, filings with the U.S. Security and Exchange Commission showed. The venture capitalist who has been a member of the Tesla board since May 2007 then sold 203,429 shares for as …