Sound Income Strategies LLC Has $10.82 Million Stake in Tesla, Inc. $TSLA

Key Points

• Sound Income Strategies LLC boosted its Tesla stake by 15.9% in Q4 and now owns 24,725 shares valued at roughly $10.82 million after adding 3,387 shares.
• Tesla beat Q4 estimates with $0.50 EPS (vs. $0.45) and $24.90B revenue (vs. $24.75B) despite revenue declining 3.1% YoY; the stock carries a consensus Hold rating with a $402.61 target.
• Newsflow is mixed — the NHTSA probe closure and a 330% YoY sales surge in South Korea are positives, but analyst downgrades (including a stark JPMorgan bear case), ETF-driven volatility and notable insider selling (53,804 shares in 90 days) raise downside risk.

Sound Income Strategies LLC boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 15.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,725 shares of the electric vehicle producer's stock after buying an additional 3,387 shares during the period. Sound Income Strategies LLC's holdings in Tesla were worth $10,817,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TSLA. Chapman Financial Group LLC acquired a new stake in Tesla during the second quarter worth about $26,000. Manning & Napier Advisors LLC acquired a new stake in Tesla during the third quarter worth about $29,000. CoreFirst Bank & Trust acquired a new stake in Tesla during the second quarter worth about $30,000. Turning Point Benefit Group Inc. acquired a new stake in Tesla during the third quarter worth about $30,000. Finally, First Community Trust NA acquired a new stake in Tesla during the fourth quarter worth about $31,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Stock Down 2.2%

Shares of NASDAQ TSLA opened at $352.82 on Tuesday. The company has a 50 day simple moving average of $399.41 and a 200 day simple moving average of $427.11. The firm has a market cap of $1.32 trillion, a PE ratio of 326.69, a price-to-earnings-growth ratio of 10.69 and a beta of 1.91. 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.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the business earned $0.73 EPS. On average, research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.

Analysts Set New Price Targets

TSLA has been the topic of a number of analyst reports. Zacks Research downgraded shares of Tesla from a "hold" rating to a "strong sell" rating in a research note on Monday, March 30th. CICC Research raised their price target on shares of Tesla from $450.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, December 18th. BNP Paribas Exane reduced their price target on shares of Tesla from $313.00 to $280.00 and set an "underperform" rating on the stock in a research note on Monday, March 2nd. Morgan Stanley set a $415.00 price target on shares of Tesla and gave the company an "equal weight" rating in a research note on Thursday, January 29th. Finally, President Capital reduced their price target on shares of Tesla from $517.00 to $500.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Tesla has a consensus rating of "Hold" and a consensus target price of $402.61.

Key Headlines Impacting 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 Activity at Tesla

In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla 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 completion of the sale, the director owned 33,860 shares in the company, valued at $12,166,913.80. The trade was a 43.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla 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 completion of the sale, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 53,804 shares of company stock valued at $20,865,598. Company insiders own 19.90% of the company's stock.

Tesla 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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