Rockline Wealth Management LLC Buys 1,943 Shares of Tesla, Inc. $TSLA

Key Points

• Rockline Wealth Management LLC increased its Tesla stake by 12.3% in the fourth quarter, buying 1,943 additional shares and bringing its total to 17,713 shares worth about $7.97 million.
• Institutional ownership remains heavy, with hedge funds and other institutions holding 66.2% of Tesla shares; several large investors also added to positions recently, including Vanguard and Norges Bank.
• Insiders sold shares during the quarter, including director Kathleen Wilson-Thompson and CFO Vaibhav Taneja, while analyst sentiment stayed mixed with a consensus rating of “Hold” and a target price around $395.20.

Rockline Wealth Management LLC lifted its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 12.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,713 shares of the electric vehicle producer's stock after buying an additional 1,943 shares during the quarter. Tesla makes up about 1.6% of Rockline Wealth Management LLC's portfolio, making the stock its 16th biggest position. Rockline Wealth Management LLC's holdings in Tesla were worth $7,966,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TSLA. Norges Bank purchased a new stake in shares of Tesla in the fourth quarter worth approximately $17,128,100,000. Vanguard Group Inc. raised its holdings in shares of Tesla by 2.6% in the fourth 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 period. Holocene Advisors LP raised its holdings in shares of Tesla by 132.2% in the third quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer's stock worth $2,738,141,000 after buying an additional 3,505,000 shares during the period. Capital World Investors raised its holdings in shares of Tesla by 5.8% in the third 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 period. Finally, PFA Pension Forsikringsaktieselskab purchased a new stake in shares of Tesla in the fourth quarter worth approximately $748,084,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This represents a 14.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 57,482 shares of company stock worth $21,508,331 over the last quarter. Company insiders own 19.90% of the company's stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla was reported to have received authorization in Texas to operate driverless vehicles commercially, a key regulatory step that could move its robotaxi plans closer to launch and support the stock. Tesla (TSLA) Moves Closer to Robotaxi Launch after Texas Driverless Approval
• Positive Sentiment: Counterpoint Research data showed Tesla reclaiming the No. 1 spot in the global battery EV market in Q1 2026, reinforcing its leadership in EVs even as industry growth was modest. Tesla Reclaims No. 1 Position In Global Battery EV Race
• Positive Sentiment: European momentum remained a tailwind, with reports that Tesla EV registrations spiked in Europe and the stock was nearing a buy point, suggesting improving near-term demand trends. Tesla EV Registrations In Europe Spike. The Stock Is Closing In On A Buy Point.
• Neutral Sentiment: Multiple articles and market commentary pointed to Tesla’s huge valuation being tied to future robotaxis, Optimus, and AI products that still feel years away, which keeps sentiment dependent on execution rather than current fundamentals.
• Neutral Sentiment: There was also renewed speculation about a possible Tesla-SpaceX merger, which could be transformative if it ever happened, but remains highly speculative and difficult to value.
• Negative Sentiment: Fresh reports that Tesla’s Texas robotaxi fleet is far smaller than Waymo’s — 42 registered vehicles versus 577 — raised concerns that Tesla is lagging competitors in autonomous deployment. Tesla's robotaxi fleet in Texas is still playing catch-up to Waymo
• Negative Sentiment: Other coverage said Tesla’s FSD rollout and robotaxi progress were being overshadowed by Waymo’s lead, adding pressure to the company’s autonomous vehicle narrative.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TSLA shares. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a report on Thursday, April 23rd. Glj Research reiterated a "sell" rating on shares of Tesla in a report on Tuesday, April 21st. Roth Mkm reiterated a "buy" rating on shares of Tesla in a report on Thursday, April 23rd. DZ Bank upgraded Tesla from a "sell" rating to a "hold" rating and set a $385.00 price objective on the stock in a report on Friday, April 24th. Finally, HSBC began coverage on Tesla in a report on Monday, April 27th. They set a "buy" rating on the stock. Nineteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $395.20.

Tesla Trading Down 1.4%

TSLA opened at $435.79 on Friday. The stock's fifty day moving average is $391.84 and its two-hundred day moving average is $416.40. The company has a market capitalization of $1.64 trillion, a P/E ratio of 399.81, a PEG ratio of 17.21 and a beta of 1.79. Tesla, Inc. has a 52 week low of $273.21 and a 52 week high of $498.83. 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 - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $22.39 billion for 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%.Tesla's quarterly revenue was up 15.8% on a year-over-year basis. During the same period last year, the business posted $0.27 EPS. Analysts forecast that Tesla, Inc. will post 1.2 earnings per share for the current year.

About Tesla

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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