Sumitomo Mitsui DS Asset Management Company Ltd Purchases 2,222 Shares of Tesla, Inc. $TSLA

Key Points

• Sumitomo Mitsui DS Asset Management raised its Tesla holding by 2,222 shares in Q4 to 388,191 shares (about $174.58M), making TSLA ~1.4% of its portfolio and its 12th largest position.
• Insider selling is notable: Director Kathleen Wilson‑Thompson sold 26,409 shares (~$9.99M) under a 10b5‑1 plan and CFO Vaibhav Taneja sold 2,264 shares, with insiders offloading 80,213 shares (~$30.85M) in the last 90 days.
• Tesla beat Q1 EPS ($0.41 vs. $0.39) but missed revenue estimates, trades below its 200‑day moving average amid mixed analyst ratings, and faces near‑term risks from negative free cash flow and EU scrutiny despite large orders like 370 Semis.

Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 388,191 shares of the electric vehicle producer's stock after acquiring an additional 2,222 shares during the quarter. Tesla accounts for approximately 1.4% of Sumitomo Mitsui DS Asset Management Company Ltd's investment portfolio, making the stock its 12th biggest holding. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Tesla were worth $174,577,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Networth Advisors LLC bought a new stake in Tesla during the fourth quarter worth $26,000. Chapman Financial Group LLC bought a new stake in Tesla during the second quarter worth $26,000. Davidson Capital Management Inc. increased its holdings in shares of Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after purchasing an additional 27 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in shares of Tesla in the third quarter valued at $29,000. Finally, Prism Advisors Inc. acquired a new position in shares of Tesla in the fourth quarter valued at $30,000. 66.20% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company's stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares of the company's stock, valued at $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction dated 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 directly owned 18,106 shares of the company's stock, valued at $7,188,625.18. This represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 80,213 shares of company stock valued at $30,851,105 in the last ninety days. 19.90% of the stock is currently owned by company insiders.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Large commercial order: WattEV awarded 370 Tesla Semis for a California freight network — a material fleet deployment that validates Semi demand and supports recurring charging/maintenance revenue assumptions. WattEV to deploy 370 Tesla Semis, launching largest electric-freight network connecting Northern and Central California
• Positive Sentiment: European recovery pockets: registrations rose sharply in Sweden, France, Denmark and the Netherlands in April, helping the revenue outlook outside the U.S. Tesla's European rebound continues in April despite decline in Norway and Spain
• Positive Sentiment: Brand loyalty remains strong in the U.S., supporting repeat demand and aftermarket/service revenue stability. Tesla Brand Recovery? New Survey Shows EV Giant Top Rating For US Loyalty – Palihapitiya Says 'Once You Drive A Tesla…'
• Neutral Sentiment: FSD approval process — mixed implications: Netherlands clearance and interest from Belgium/Flanders broaden the addressable market for supervised FSD, but EU hearings and national caution mean rollout timing and scope remain uncertain. European FSD Decisions Test Tesla Valuation And Software Growth Hopes
• Neutral Sentiment: Symbolic FSD/drive‑mile milestones and PR wins keep the AI/autonomy narrative alive, but regulators and mapping/edge‑case work mean milestones don't translate to immediate revenue. Tesla just hit a ‘symbolic' self-driving milestone. Real-world success will be tougher.
• Neutral Sentiment: High‑profile legal/news items and AI narrative overlap (e.g., OpenAI/Musk trial references) may influence sentiment around Musk/leadership but are not direct operational drivers for Tesla today. OpenAI trial: Brockman rebuts Musk's take on startup's history, recounts secret work for Tesla
• Negative Sentiment: Insider selling: a Tesla director executed sizable, pre‑arranged sales (~26k shares), which can weigh on near‑term sentiment even if under a 10b5‑1 plan. Insider sale SEC filing
• Negative Sentiment: Cash flow and spending risk: analysts note Tesla's free cash flow turned negative as the company ramps investment in FSD, robotics and energy — increasing near‑term margin and FCF pressure. Tesla's Free Cash Flow Goes Negative as It Doubles Down on FSD, Robotics, and Energy
• Negative Sentiment: Product and governance questions: reports showing weak public Cybertruck sales (and a notable share delivered to Musk‑related companies) add demand visibility concerns and potential governance scrutiny. How many Cybertrucks has Tesla sold to the public? Fewer than you might think
• Negative Sentiment: EU regulator skepticism: internal records show some European regulators remain skeptical of Tesla's automated‑driving safety claims, raising the risk of tighter oversight or limits on FSD features in key markets. Tesla faces EU skepticism over automated-driving tech, records show

Tesla Trading Down 0.8%

Shares of Tesla stock opened at $389.41 on Wednesday. The firm has a 50-day moving average of $382.65 and a 200-day moving average of $418.78. The stock has a market cap of $1.46 trillion, a PE ratio of 357.26, a PEG ratio of 14.94 and a beta of 1.79. Tesla, Inc. has a 52-week low of $271.00 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.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion during the quarter, compared to analysts' expectations of $22.96 billion. During the same quarter in the previous year, the business posted $0.27 earnings per share. Tesla's quarterly revenue was up 15.8% on a year-over-year basis. As a group, sell-side analysts forecast that Tesla, Inc. will post 1.25 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a report on Thursday, April 23rd. Jefferies Financial Group reiterated a "neutral" rating on shares of Tesla in a report on Wednesday, April 22nd. Cantor Fitzgerald reiterated an "overweight" rating and issued a $510.00 price objective on shares of Tesla in a report on Wednesday, April 22nd. Mizuho decreased their price objective on shares of Tesla from $540.00 to $480.00 and set an "outperform" rating on the stock in a report on Thursday, April 23rd. Finally, Piper Sandler reiterated an "overweight" rating on shares of Tesla in a report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $398.42.

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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