Portside Wealth Group LLC Boosts Holdings in Tesla, Inc. $TSLA

Portside Wealth Group LLC boosted its position in Tesla, Inc. (NASDAQ:TSLA) by 21.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,888 shares of the electric vehicle producer’s stock after purchasing an additional 4,118 shares during the quarter. Tesla comprises 1.4% of Portside Wealth Group LLC’s investment portfolio, making the stock its 14th biggest position. Portside Wealth Group LLC’s holdings in Tesla were worth $10,293,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of TSLA. Holocene Advisors LP raised its holdings in shares of Tesla by 132.2% in the 3rd quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer’s stock valued at $2,738,141,000 after acquiring an additional 3,505,000 shares in the last quarter. Jennison Associates LLC raised its position 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 valued at $4,851,747,000 after buying an additional 3,021,550 shares in the last quarter. Capital World Investors raised its position 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 valued at $19,583,547,000 after buying an additional 2,403,019 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Tesla by 788.2% during the 4th quarter. SG Americas Securities LLC now owns 1,226,536 shares of the electric vehicle producer’s stock valued at $551,598,000 after buying an additional 1,088,437 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Tesla by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer’s stock valued at $112,241,237,000 after buying an additional 995,623 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: NHTSA closed its probe into Tesla’s “Actually Smart Summon” feature, removing a regulatory overhang on vehicle safety and software. US regulator ends probe into Tesla’s ‘actually smart summon’ feature after software fixes
• Positive Sentiment: Tesla reported a sharp sales surge in South Korea (330% YoY in March), signaling pockets of regional strength that could help offset soft demand elsewhere. Tesla’s South Korean sales up more than 300% to 11,134 vehicles in March
• Positive Sentiment: Some sell‑side support remains — Canaccord reaffirmed a Buy and set a $420 target — giving bulls a base for rebounds if delivery trends improve. Canaccord reaffirms Buy on Tesla
• Neutral Sentiment: The approaching SpaceX IPO is creating a narrative risk: commentators (including Jim Cramer) suggest some investors may trim TSLA exposure to rotate into SpaceX, which could weigh on Tesla regardless of fundamentals. Cramer Flags New Trade: Sell Some Tesla, Wait for SpaceX IPO?
• Neutral Sentiment: Broader market dynamics (QQQ/AI leadership and macro flow) could help or hurt TSLA; a tech-led market rebound would likely support Tesla, while renewed risk‑off would accelerate outflows. 5 Reasons the Invesco QQQ ETF Could Be Headed for a Triple-Digit Rally
• Negative Sentiment: JPMorgan reiterated a bearish stance and warned TSLA could fall ~60%, citing record unsold inventory and weakening financial expectations — a high‑profile note that amplified selling pressure. JPMorgan warns Tesla stock may crash 60%
• Negative Sentiment: Analysts are cutting targets after Tesla missed Q1 delivery estimates; consensus revisions and lower targets are increasing downside risk into the company’s upcoming earnings. TSLA selloff deepens: Why analysts are slashing Tesla targets after delivery miss
• Negative Sentiment: ETF flows amplified the move: leveraged Tesla ETF TSLL plunged as traders sold exposure after the delivery miss, increasing intraday volatility and mechanical selling pressure. Tesla’s Dip Triggers TSLL Selloff—Why Are ETF Traders So Nervous?

Insider Transactions at Tesla

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

Tesla Price Performance

Shares of NASDAQ TSLA opened at $352.82 on Tuesday. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The company’s 50-day moving average is $399.41 and its 200 day moving average is $427.11. The stock has a market capitalization of $1.32 trillion, a P/E ratio of 326.69, a P/E/G ratio of 10.69 and a beta of 1.91.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The company 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% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 earnings per share. On average, sell-side analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on TSLA. William Blair restated a “market perform” rating on shares of Tesla in a research report on Friday, January 2nd. Piper Sandler reissued an “overweight” rating on shares of Tesla in a report on Thursday, January 29th. Barclays reissued a “neutral” rating on shares of Tesla in a report on Wednesday, March 4th. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a report on Thursday, January 29th. Finally, China Renaissance lifted their target price on shares of Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Nineteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and ten have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $402.61.

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.