Whitaker Myers Wealth Managers LTD. Raises Stock Position in Tesla, Inc. $TSLA

Whitaker Myers Wealth Managers LTD. boosted its holdings in Tesla, Inc. (NASDAQ:TSLA) by 48.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 5,103 shares of the electric vehicle producer’s stock after buying an additional 1,662 shares during the period. Tesla accounts for approximately 0.5% of Whitaker Myers Wealth Managers LTD.’s holdings, making the stock its 29th biggest position. Whitaker Myers Wealth Managers LTD.’s holdings in Tesla were worth $2,295,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Tesla by 0.4% during the third quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer’s stock valued at $112,241,237,000 after purchasing an additional 995,623 shares in the last quarter. State Street Corp grew its position in shares of Tesla by 0.3% during the third quarter. State Street Corp now owns 113,762,849 shares of the electric vehicle producer’s stock valued at $50,592,614,000 after purchasing an additional 344,162 shares in the last quarter. Capital World Investors grew its position in shares of Tesla by 5.8% during the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock valued at $19,583,547,000 after purchasing an additional 2,403,019 shares in the last quarter. Jennison Associates LLC grew its position in shares of Tesla by 38.3% during the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock valued at $4,851,747,000 after purchasing an additional 3,021,550 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Tesla by 5.8% during the third quarter. Franklin Resources Inc. now owns 6,737,089 shares of the electric vehicle producer’s stock valued at $2,996,118,000 after purchasing an additional 368,493 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Tesla Trading Up 0.9%

TSLA opened at $348.79 on Friday. Tesla, Inc. has a 12 month low of $222.79 and a 12 month high of $498.83. The stock has a 50-day moving average of $392.91 and a 200 day moving average of $424.82. The firm has a market cap of $1.31 trillion, a P/E ratio of 322.95, a P/E/G ratio of 10.44 and a beta of 1.91. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last announced its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. During the same quarter in the previous year, the business earned $0.73 earnings per share. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TSLA. Stifel Nicolaus set a $508.00 price objective on Tesla in a research report on Thursday, January 29th. Canaccord Genuity Group restated a “buy” rating and set a $420.00 price objective on shares of Tesla in a research report on Monday, April 6th. Glj Research restated a “sell” rating on shares of Tesla in a research report on Monday, March 30th. Wedbush reiterated an “outperform” rating and issued a $600.00 price target on shares of Tesla in a research report on Friday, March 27th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and ten have issued a Sell rating to the stock. According to MarketBeat, Tesla presently has an average rating of “Hold” and a consensus price target of $400.01.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Dutch regulators approved Tesla’s driver‑assistance system for supervised use on highways and city streets in the Netherlands — a first regulatory sign‑off in Europe that supports Tesla’s autonomy narrative and EU expansion plans. Tesla’s self-driving software gets Dutch go-ahead
• Positive Sentiment: Germany registrations surged ~315% year‑over‑year in March (record 9,252 units), signaling demand recovery in Europe’s largest auto market that could help offset other regional weakness. What Drove Tesla Germany’s 315% Y/Y Surge in March Registrations?
• Positive Sentiment: Large institutional buying from ARK Invest / Cathie Wood continues during the pullback, providing a retail/institutional demand floor that can reduce downside volatility. Cathie Wood Doubles Down on Tesla
• Neutral Sentiment: Tesla is reportedly developing a smaller, lower‑cost compact SUV — a potential volume driver over time but one that may pressure margins if executed. Investors view this as a strategic shift that could help long‑term growth but adds execution risk. Tesla’s lower-cost EV plan seen boosting volume, risking margins
• Neutral Sentiment: Upcoming Q1 earnings (April 22) are the next major catalyst — results and management commentary on deliveries, margins, energy, and autonomy progress will likely drive near‑term moves. Tesla Earnings Preview
• Neutral Sentiment: Retail investors are buying the dip according to some data vendors — this can create short-lived support but may not offset institutional selling if fundamentals disappoint. Vanda Research Says Retail Investors are Buying the Tesla Stock Dip
• Negative Sentiment: Tesla missed Q1 delivery and production expectations (deliveries ~358K vs. est. ~365.6K; production also below forecasts), creating inventory/backlog concerns that are pressuring sentiment. Tesla stock slips as delivery miss and risks weigh on sentiment
• Negative Sentiment: China retail sales declined (~16% in Q1) despite wholesale increases, highlighting regional demand divergence and a potential headwind to global volumes. Tesla’s China Retail Sales Decline 16% In Q1
• Negative Sentiment: Analyst skepticism is rising — JPMorgan reiterated a Sell and other firms (including GLJ Research) have flagged dramatic downside; mixed analyst views increase volatility and can amplify downward moves. JPMorgan Reiterates Sell Rating for Tesla
• Negative Sentiment: Technical damage (recent “death cross,” multi‑week losing streak) and rising competition in autonomy/robotaxi space are eroding momentum; absent strong earnings or autonomy progress, further downside is possible. Tesla’s ‘Death Cross’ Flashed Again

Insider Activity at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the business’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the transaction, the director owned 33,860 shares of the company’s stock, valued at $12,166,913.80. This trade represents a 43.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 53,804 shares of company stock valued at $20,865,598 in the last 90 days. Company insiders own 19.90% of the company’s stock.

Tesla Profile

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.