SEB Asset Management AB Makes New Investment in Tesla, Inc. $TSLA

SEB Asset Management AB purchased a new stake in Tesla, Inc. (NASDAQ:TSLA) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 624,505 shares of the electric vehicle producer’s stock, valued at approximately $232,160,000. Tesla accounts for about 1.0% of SEB Asset Management AB’s holdings, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TSLA. Vision Retirement LLC boosted its position in shares of Tesla by 0.5% during the 1st quarter. Vision Retirement LLC now owns 33,010 shares of the electric vehicle producer’s stock valued at $12,271,000 after acquiring an additional 174 shares in the last quarter. Swiss National Bank raised its position in Tesla by 7.1% in the first quarter. Swiss National Bank now owns 8,296,415 shares of the electric vehicle producer’s stock worth $3,084,192,000 after purchasing an additional 551,360 shares in the last quarter. World Equity Group Inc. lifted its stake in Tesla by 17.6% during the first quarter. World Equity Group Inc. now owns 11,226 shares of the electric vehicle producer’s stock worth $4,173,000 after purchasing an additional 1,680 shares during the period. Hanseatic Management Services Inc. acquired a new stake in Tesla during the first quarter valued at approximately $1,247,000. Finally, Legacy Wealth Advisors LLC boosted its holdings in Tesla by 248.0% during the first quarter. Legacy Wealth Advisors LLC now owns 5,558 shares of the electric vehicle producer’s stock valued at $2,066,000 after purchasing an additional 3,961 shares in the last quarter. 66.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director owned 48,399 shares in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 32,015 shares of company stock valued at $12,383,640. 19.90% of the stock is currently owned by corporate insiders.

Tesla Stock Down 2.6%

Shares of TSLA opened at $380.79 on Friday. The company has a market capitalization of $1.43 trillion, a P/E ratio of 349.35, a PEG ratio of 13.68 and a beta of 1.80. Tesla, Inc. has a one year low of $297.82 and a one year high of $498.83. The business’s 50 day simple moving average is $409.41 and its 200-day simple moving average is $406.00. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same period last year, the firm posted $0.27 EPS. The business’s revenue was up 15.8% on a year-over-year basis. As a group, sell-side analysts predict that Tesla, Inc. will post 1.34 EPS for the current fiscal year.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $460 price target, citing rapid robotaxi expansion, better-than-expected deliveries, and upcoming Optimus milestones.
• Positive Sentiment: Analysts and investors continue to focus on Tesla’s robotaxi, Cybercab, and Optimus programs, which remain major long-term growth catalysts.
• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Tesla, signaling at least some improving expectations heading into the report.
• Neutral Sentiment: Wall Street expects a sizable earnings-driven stock move, with options pricing implying elevated volatility around the report.
• Neutral Sentiment: Recent coverage highlights that Tesla’s quarterly delivery strength has not yet translated into a sustained stock rebound, suggesting investors want more than just beat-and-raise narratives.
• Negative Sentiment: Broader AI and high-growth tech weakness is weighing on Tesla, as investors worry about stretched valuations and cooling enthusiasm for expensive megacap names.
• Negative Sentiment: Several reports point to skepticism around Tesla’s valuation, with commentary noting the stock could be vulnerable if earnings, margins, or guidance disappoint.
• Negative Sentiment: Competitive and regulatory headwinds remain in focus, including tougher EV competition in Europe, a denied NHTSA petition over a headlight recall issue, and ongoing scrutiny of Tesla’s autonomy claims.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TSLA. Robert W. Baird dropped their target price on Tesla from $538.00 to $522.00 and set an “outperform” rating for the company in a report on Friday, April 24th. William Blair reiterated a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. Canaccord Genuity Group increased their price objective on Tesla from $420.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Evercore raised Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. Finally, China Renaissance reduced their target price on shares of Tesla from $382.00 to $372.00 and set a “hold” rating on the stock in a research note on Monday, April 27th. Twenty-one investment analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $408.07.

Tesla Company 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.