Tesla, Inc. $TSLA Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. lessened its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 6.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 876,889 shares of the electric vehicle producer’s stock after selling 56,666 shares during the quarter. Tesla makes up about 1.9% of Resona Asset Management Co. Ltd.’s holdings, making the stock its 9th largest position. Resona Asset Management Co. Ltd.’s holdings in Tesla were worth $395,952,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after buying an additional 6,538,720 shares during the last quarter. State Street Corp raised its stake in shares of Tesla by 0.3% during the 3rd quarter. State Street Corp now owns 113,762,849 shares of the electric vehicle producer’s stock worth $50,592,614,000 after buying an additional 344,162 shares during the last quarter. Capital World Investors raised its stake in shares of Tesla by 5.8% during the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after buying an additional 2,403,019 shares during the last quarter. Jennison Associates LLC raised its stake in shares of Tesla by 38.3% during the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock worth $4,851,747,000 after buying an additional 3,021,550 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Tesla by 5.8% during the 3rd quarter. Franklin Resources Inc. now owns 6,737,089 shares of the electric vehicle producer’s stock worth $2,996,118,000 after buying an additional 368,493 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla Trading Down 1.4%

Tesla stock opened at $404.11 on Wednesday. The stock has a market cap of $1.52 trillion, a PE ratio of 370.74, a P/E/G ratio of 16.19 and a beta of 1.79. The stock has a 50-day moving average price of $386.65 and a 200 day moving average price of $417.28. Tesla, Inc. has a 52 week low of $273.21 and a 52 week high of $498.83. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.27 EPS. Equities research analysts predict that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TSLA. Tigress Financial began coverage on Tesla in a research note on Monday, April 27th. They set a “buy” rating for the company. President Capital lifted their price target on Tesla from $424.00 to $428.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a research report on Thursday, January 29th. Glj Research reiterated a “sell” rating on shares of Tesla in a research report on Tuesday, April 21st. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of Tesla in a research report on Wednesday, April 22nd. Nineteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus price target of $395.20.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s AI and autonomy narrative remains a long-term bull case, with Elon Musk reiterating that robotaxis could expand more broadly in the U.S. later this year and that self-driving could reshape transportation over the next decade.
• Positive Sentiment: Some investors continue to view Tesla’s energy business as an underappreciated growth driver, supporting the company’s broader transition beyond EV sales.
• Neutral Sentiment: OpenAI co-founder and former Tesla AI leader Andrej Karpathy joined Anthropic, highlighting the intensity of the AI talent war; while notable, the move is more of a signal about the broader AI race than a direct operating update for Tesla. Article Title
• Neutral Sentiment: Ongoing discussion about a potential SpaceX IPO could distract from Tesla and compete for investor capital, but this remains speculative rather than a Tesla-specific financial event.
• Negative Sentiment: Tesla raised Model Y prices, which investors are reading as a sign that demand may be less robust than hoped and that pricing changes could weigh on volume growth. Article Title
• Negative Sentiment: Analysts and media coverage continue to flag Tesla’s rich valuation, with some arguing the stock is vulnerable if execution on vehicles, autonomy, and margins does not improve quickly.
• Negative Sentiment: Recent reports of Full Self-Driving lawsuits and robotaxi safety questions are adding skepticism around Tesla’s autonomy timeline and the pace of commercialization.

Insider Activity

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. The trade was a 14.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 83,213 shares of company stock valued at $32,201,105 in the last 90 days. 19.90% of the stock is owned by company insiders.

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.