Tesla, Inc. $TSLA Shares Sold by SouthState Bank Corp

SouthState Bank Corp cut its stake in Tesla, Inc. (NASDAQ:TSLAFree Report) by 43.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,113 shares of the electric vehicle producer’s stock after selling 3,854 shares during the period. SouthState Bank Corp’s holdings in Tesla were worth $2,274,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Relyea Zuckerberg Hanson LLC boosted its position in shares of Tesla by 0.4% in the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock worth $2,916,000 after buying an additional 23 shares in the last quarter. Equita Financial Network Inc. raised its position in Tesla by 2.8% during the third quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock worth $380,000 after acquiring an additional 23 shares during the last quarter. VanderPol Investments L.L.C. lifted its holdings in shares of Tesla by 2.2% in the third quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock valued at $464,000 after purchasing an additional 23 shares in the last quarter. Resonant Capital Advisors LLC grew its position in shares of Tesla by 0.3% in the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock valued at $3,814,000 after purchasing an additional 23 shares during the last quarter. Finally, Cloud Capital Management LLC raised its position in shares of Tesla by 1.1% during the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock worth $923,000 after purchasing an additional 23 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the business’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 119,457 shares of company stock valued at $53,501,145. Company insiders own 19.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TSLA. Dbs Bank upgraded Tesla to a “hold” rating in a report on Wednesday, November 5th. CICC Research lifted their price objective on Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a report on Tuesday, January 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $500.00 price target on shares of Tesla in a research note on Thursday, January 29th. Finally, DZ Bank reissued a “sell” rating on shares of Tesla in a research report on Thursday, January 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the company. According to data from MarketBeat.com, Tesla currently has a consensus rating of “Hold” and an average target price of $403.92.

Check Out Our Latest Stock Analysis on TSLA

Tesla Stock Down 2.2%

Shares of TSLA opened at $397.21 on Friday. The firm has a market cap of $1.49 trillion, a PE ratio of 367.79, a price-to-earnings-growth ratio of 13.60 and a beta of 1.86. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The company’s fifty day moving average is $446.83 and its two-hundred day moving average is $410.03. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLAGet Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.73 earnings per share. Analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year.

More Tesla News

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Tesla is running an AI training center in China aimed at local applications and assisted driving — a sign the company is localizing data/engineering for FSD and Autonomy in its largest EV market, which could improve product performance and adoption. Read More.
  • Positive Sentiment: Elon Musk is promoting an “Optimus Academy” to train thousands of humanoid robots, reinforcing Tesla’s push into robotics/AI beyond cars — a big part of the bull case (long-term revenue optionality if successful). Read More.
  • Positive Sentiment: Institutional buying from ARK Invest/Cathie Wood this week (sizeable purchases disclosed) provides near-term demand and shows some investors view recent weakness as a buying opportunity. Read More.
  • Neutral Sentiment: Tesla’s $2 billion investment in xAI and broader Musk-led AI consolidation headlines fuel strategic speculation — could accelerate AI capabilities but raises questions on capital allocation and focus. Read More.
  • Neutral Sentiment: Broker and TV commentary (Jim Cramer, analysts) highlight Tesla’s upside via robotaxi/Optimus but note execution risk — media debate is keeping sentiment polarized rather than decisive. Read More.
  • Negative Sentiment: Competitive pressure is mounting: Volkswagen overtook Tesla as Europe’s top EV seller in 2025 and BYD is rapidly increasing share in markets like Germany and the UK — a clear demand-side headwind and margin/market-share concern. Read More.
  • Negative Sentiment: Sales and regional weakness: data showing UK sales slump and mixed U.S. results amplify worries that Tesla’s core car business faces near-term softness despite pockets of China strength. Read More.
  • Negative Sentiment: Valuation and legal distractions: high P/E (market pricing of future AI/robotics success), recent tech-sector selling and an unresolved Blade Runner lawsuit add downside risk and can amplify volatility. Read More.

Tesla Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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