Wealthfront Advisers LLC Has $183.73 Million Stock Position in Tesla, Inc. $TSLA

Wealthfront Advisers LLC raised its holdings in Tesla, Inc. (NASDAQ:TSLA) by 3.7% in the 4th quarter, HoldingsChannel reports. The fund owned 408,545 shares of the electric vehicle producer’s stock after acquiring an additional 14,419 shares during the period. Wealthfront Advisers LLC’s holdings in Tesla were worth $183,731,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TSLA. Networth Advisors LLC acquired a new position in Tesla in the 4th quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new position in Tesla in the 2nd quarter valued at approximately $26,000. Davidson Capital Management Inc. increased its position in Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after acquiring an additional 27 shares during the period. Manning & Napier Advisors LLC acquired a new stake in shares of Tesla during the third quarter worth $29,000. Finally, Prism Advisors Inc. acquired a new stake in shares of Tesla during the fourth quarter worth $30,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the stock in a transaction on 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 transaction, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 53,804 shares of company stock worth $20,865,598. 19.90% of the stock is owned by insiders.

Analysts Set New Price Targets

TSLA has been the subject of several recent analyst reports. DZ Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price objective for the company in a research report on Friday. William Blair reiterated a “market perform” rating on shares of Tesla in a research report on Friday, January 2nd. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a research report on Thursday, January 29th. Canaccord Genuity Group increased their price objective on shares of Tesla from $420.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Tesla from $480.00 to $465.00 and set a “buy” rating for the company in a research report on Thursday, April 9th. Nineteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, Tesla presently has a consensus rating of “Hold” and an average price target of $398.42.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: NHTSA closes the steering‑wheel probe on ~120,089 Model Y vehicles without requiring a recall — removes a near‑term regulatory overhang and reduces litigation/regulatory uncertainty. US ends probe on Tesla Model Y vehicles without manufacturer action
• Positive Sentiment: Q1 results: Tesla beat EPS estimates but missed on revenue — margin recovery and the EPS beat help justify current valuation for bulls, even though top‑line growth was softer than some hoped. Tesla, Inc. (TSLA) Falls Shy of Revenue, Beats on Profit in Q1
• Positive Sentiment: Company is accelerating investments in AI, robotics and custom chips — bolsters long‑term growth/“physical AI” narrative (robotaxi, Optimus, autonomy) that underpins much of Tesla’s premium valuation. TESLA (TSLA) To Boost Investments in AI, Robotics and Chips
• Neutral Sentiment: Wall Street is sharply divided on fair value — new analyst targets range from ~$220 to $428, which increases short‑term volatility and the chance of headline‑driven trading. Wall Street Can’t Agree on Tesla: New Analyst Targets Range From $220 to $428
• Neutral Sentiment: Large block of Elon Musk’s 2018 compensation shares registered — legal/administrative release of 304M shares could pressure sentiment even if actual selling is gradual. Elon Musk is about to get a lot richer, as Tesla fulfills 2018 compensation plan
• Negative Sentiment: A planned ~$25 billion 2026 capex program alarmed investors — the aggressive spending outlook pushes free cash flow negative for the year and is the main proximate cause of downward pressure on the stock. Investors Are Panicking About $25 Billion in Spending at Tesla
• Negative Sentiment: Governance/related‑party scrutiny heats up after reporting on Musk borrowing from SpaceX — raises investor concern about capital allocation and founder conduct. Elon Musk Reportedly Used SpaceX As ‘Piggy Bank’ To Give Himself, Tesla A Leg Up
• Negative Sentiment: Emerging market‑manipulation risk: reports of fake‑account campaigns targeting Tesla narratives could distort sentiment and amplify swings. EXCLUSIVE: Fake-Account Attack On Tesla Exposes Bigger Threat To US Stocks

Tesla Stock Up 0.6%

Shares of NASDAQ TSLA opened at $378.67 on Tuesday. The firm has a market cap of $1.42 trillion, a PE ratio of 347.40, a P/E/G ratio of 13.29 and a beta of 1.91. Tesla, Inc. has a 12-month low of $270.78 and a 12-month high of $498.83. The company’s fifty day simple moving average is $385.16 and its 200 day simple moving average is $420.14. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. Tesla’s revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 earnings per share. As a group, sell-side analysts forecast that Tesla, Inc. will post 1.35 earnings per share for the current fiscal year.

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.