Simplify Asset Management Inc. Sells 1,749 Shares of Tesla, Inc. $TSLA

Key Points

• Simplify Asset Management Inc. trimmed its Tesla stake by 13.6% in the first quarter, selling 1,749 shares and leaving it with 11,094 shares valued at about $4.12 million.
• Other institutional investors were mixed on Tesla, with several increasing positions while the filing notes that 66.20% of Tesla shares are owned by institutions.
• Wall Street remains divided on TSLA: the stock has a consensus Hold rating and an average price target of $403.92, even as some firms recently upgraded or downgraded the name.

Simplify Asset Management Inc. decreased its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 13.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,094 shares of the electric vehicle producer's stock after selling 1,749 shares during the quarter. Simplify Asset Management Inc.'s holdings in Tesla were worth $4,124,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in Tesla by 11.8% during the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after acquiring an additional 9,293 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after purchasing an additional 931 shares during the period. Bison Wealth LLC boosted its position in shares of Tesla by 52.2% in the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock worth $4,187,000 after purchasing an additional 3,558 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Tesla by 9.1% in the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock worth $3,855,000 after purchasing an additional 1,011 shares in the last quarter. Finally, AGP Franklin LLC raised its position in shares of Tesla by 21.2% during the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock valued at $1,544,000 after purchasing an additional 851 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TSLA. BNP Paribas Exane cut shares of Tesla from a "hold" rating to an "underperform" rating in a research note on Friday, June 5th. Weiss Ratings reissued a "hold (c-)" rating on shares of Tesla in a report on Friday, April 24th. DZ Bank raised Tesla from a "sell" rating to a "hold" rating and set a $385.00 price objective for the company in a research note on Friday, April 24th. UBS Group reiterated a "neutral" rating on shares of Tesla in a research report on Tuesday, June 23rd. Finally, Evercore raised Tesla from a "hold" rating to an "outperform" rating in a research note on Friday, June 5th. Twenty-one analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $403.92.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Q2 deliveries beat estimates by a wide margin, signaling stronger-than-expected demand and a rebound in the company’s auto business. Tesla Second Quarter 2026 Production, Deliveries & Deployments
• Positive Sentiment: Tesla launched the six-seat, long-wheelbase Model Y L in the U.S., a new variant aimed at boosting sales and expanding its lineup beyond the standard SUV. Tesla launches six-seater Model Y L in US to boost sales
• Positive Sentiment: Tesla expanded its robotaxi service to Miami, reinforcing the market’s long-term autonomy and AI growth narrative. Tesla rolls out robotaxi service in Miami
• Neutral Sentiment: Analysts remain split: some raised earnings estimates or price targets after the delivery beat, but several still view the stock as fairly valued given Tesla’s high multiple and margin risk. Tesla Stock Price Forecast — What Financial Analysts Expect After Q2 Deliveries
• Negative Sentiment: Despite the delivery beat, the stock has been pressured by “sell-the-news” behavior as investors focus on profitability, competition, and whether growth can hold up after recent gains. Tesla Reports Strong Deliveries, Yet Investors Remain Unimpressed
• Negative Sentiment: Safety headlines remain a drag, including a fatal Tesla Semi crash and a Texas manslaughter case tied to Autopilot-related driving, which can keep regulatory and reputational risk in focus. Tesla driver charged with manslaughter over crash into Texas home

Tesla Stock Performance

Shares of NASDAQ TSLA opened at $393.45 on Friday. The company has a market cap of $1.48 trillion, a P/E ratio of 360.96, a P/E/G ratio of 15.61 and a beta of 1.80. Tesla, Inc. has a 52-week low of $288.77 and a 52-week high of $498.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. The firm's fifty day moving average is $407.39 and its two-hundred day moving average is $411.79.

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, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business's revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 EPS. As a group, analysts anticipate that Tesla, Inc. will post 1.2 EPS for the current fiscal year.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the sale, the chief financial officer owned 22,039 shares of the company's stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company's stock in a transaction that occurred 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 sale, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 32,015 shares of company stock worth $12,383,640 over the last quarter. 19.90% of the stock is owned by company insiders.

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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