Cornerstone Enterprises LLC Has $3.30 Million Holdings in Tesla, Inc. $TSLA

Key Points

• Cornerstone Enterprises trimmed its Tesla stake by 15.8% in Q4 to 7,340 shares (worth about $3.30 million), making TSLA 1.6% of the fund and its 16th-largest holding.
• Tesla Q1 beat EPS estimates ($0.41 vs. $0.39) with revenue of $22.39B (up 15.8% YoY) and reported positive free cash flow, even as revenue slightly missed consensus; the shares trade near $376 with a market cap around $1.41T.
• Insiders have sold a total of 53,804 shares (~$20.9M) in the past three months (including a director sale of 25,809 shares), amid mixed company news — Cybercab production and AI acquisitions versus a $25B capex plan and FSD-related risks.

Cornerstone Enterprises LLC lessened its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 15.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,340 shares of the electric vehicle producer's stock after selling 1,373 shares during the period. Tesla comprises 1.6% of Cornerstone Enterprises LLC's holdings, making the stock its 16th biggest holding. Cornerstone Enterprises LLC's holdings in Tesla were worth $3,301,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Chapman Financial Group LLC bought a new position in Tesla in the 2nd quarter valued at approximately $26,000. Networth Advisors LLC acquired a new position in shares of Tesla during the fourth quarter worth $26,000. Davidson Capital Management Inc. lifted its stake in shares of 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 last quarter. Manning & Napier Advisors LLC acquired a new stake in shares of Tesla during the 3rd quarter valued at $29,000. Finally, Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla during the 3rd quarter valued at $30,000. Institutional investors own 66.20% of the company's stock.

Tesla Stock Up 0.7%

Shares of TSLA opened at $376.30 on Friday. The stock's 50-day moving average price is $385.94 and its two-hundred day moving average price is $420.76. Tesla, Inc. has a 12 month low of $259.63 and a 12 month high of $498.83. The company has a market capitalization of $1.41 trillion, a PE ratio of 345.23, a PEG ratio of 11.87 and a beta of 1.91. The company has a current ratio of 2.04, a quick ratio of 1.77 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm's revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company earned $0.27 earnings per share. On average, analysts anticipate that Tesla, Inc. will post 1.36 EPS for the current year.

Analyst Upgrades and Downgrades

TSLA has been the subject of a number of recent research reports. Jefferies Financial Group reaffirmed a "neutral" rating on shares of Tesla in a report on Wednesday. Roth Mkm reissued a "buy" rating on shares of Tesla in a research note on Thursday. New Street Research boosted their price target on Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a report on Tuesday, January 6th. HSBC lowered their price objective on Tesla from $127.00 to $123.00 in a research note on Thursday. Finally, Barclays reiterated a "neutral" rating on shares of Tesla in a research report on Thursday. Eighteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and eight have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $398.45.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 beat and positive free cash flow give near-term support: Tesla topped EPS estimates and reported positive free cash flow, which reassures income-focused investors even as the company pivots toward AI and services. Tesla Q1 Earnings Beat on Vehicle Demand Rebound
• Positive Sentiment: Cybercab production begins — tangible progress on robotaxi strategy: Videos and company posts show the Cybercab rolling off the Austin line, a concrete operational milestone that supports the long-term autonomy narrative. Watch the Cybercab robotaxi roll off Tesla's production line
• Positive Sentiment: Some analyst support: DZ Bank lifted its rating (Sell → Hold) and other firms reiterated favorable views, giving the rally more analyst-backed legitimacy. DZ Bank Upgrades Tesla From Sell to Hold
• Neutral Sentiment: $2B investment in SpaceX deepens Musk-era linkages — strategic optionality but raises governance/related-party questions; impact on Tesla depends on future returns from collaborations. Elon Musk's Tesla Invested $2 Billion Into SpaceX
• Neutral Sentiment: Quiet $2B AI-hardware acquisition disclosed — strengthens Tesla’s AI stack but raises transparency questions; investors will watch integration and capex offsets. Tesla quietly discloses $2 billion AI hardware company acquisition
• Negative Sentiment: Massive $25B CapEx hike spooks investors — Musk’s push into AI, chips, Optimus and robotaxis means cash flow is likely to go negative for the rest of 2026, heightening execution and dilution risk. Tesla's $25 billion spending plan tests investor faith
• Negative Sentiment: Musk’s FSD admissions and upgrade requirements create reputational and cost risks — public comments that past FSD claims were overstated and that many cars need hardware retrofits could trigger customer pushback, regulatory scrutiny and unexpected warranty/capex. Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving'
• Negative Sentiment: Allegations and admissions around FSD claims raise legal/regulatory pressure — headlines that management “admitted” past FSD claims were misleading increase litigation and oversight risk, a potential overhang on sentiment. Musk Admits Tesla Full Self-Driving Claims Were Lies
• Negative Sentiment: Robotaxi timeline pulled back / rollout uncertainty: Management removed concrete near-term city timelines, increasing execution risk and pushing some valuation farther into the future. Tesla's robotaxi timeline just got a little fuzzier

Insider Buying and Selling

In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company's stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the sale, the director directly owned 33,860 shares of the company's stock, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,804 shares of company stock valued at $20,865,598 in the last three months. Insiders own 19.90% of the company's stock.

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.

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