Tesla, Inc. $TSLA is Balboa Wealth Partners' Largest Position

Key Points

• Balboa Wealth Partners cut its Tesla stake by 71% in Q4 to 121,100 shares, leaving Tesla as about 9% of its portfolio and its largest holding (worth $54.46 million).
• Tesla reported a Q1 delivery miss (358,023 deliveries) with production outpacing deliveries by ~50k units and weaker energy storage deployments, triggering analyst price‑target cuts and increased near‑term downside risk.
• Institutional ownership stands at 66.2% with several large funds increasing positions, while insiders sold ~53,804 shares (~$20.9M) last quarter, including a director sale of 25,809 shares.

Balboa Wealth Partners lessened its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 71.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,100 shares of the electric vehicle producer's stock after selling 295,795 shares during the period. Tesla accounts for approximately 9.0% of Balboa Wealth Partners' portfolio, making the stock its largest position. Balboa Wealth Partners' holdings in Tesla were worth $54,461,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Holocene Advisors LP grew its stake in Tesla by 132.2% during the 3rd 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 last quarter. Amundi lifted its stake in Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock valued at $6,374,284,000 after buying an additional 3,422,270 shares during the last quarter. Jennison Associates LLC boosted its holdings in shares of Tesla by 38.3% in the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer's stock valued at $4,851,747,000 after acquiring an additional 3,021,550 shares during the period. Capital World Investors grew its position in shares of Tesla by 5.8% during 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 acquiring an additional 2,403,019 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in shares of Tesla by 788.2% in the 4th quarter. SG Americas Securities LLC now owns 1,226,536 shares of the electric vehicle producer's stock valued at $551,598,000 after acquiring an additional 1,088,437 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla Price Performance

TSLA opened at $360.59 on Friday. 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, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The stock has a market capitalization of $1.35 trillion, a P/E ratio of 333.88, a P/E/G ratio of 10.69 and a beta of 1.91. The business has a 50 day simple moving average of $401.06 and a 200-day simple moving average of $427.51.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same period in the previous year, the business earned $0.73 earnings per share. Tesla's quarterly revenue was down 3.1% compared to the same quarter last year. On average, equities analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China demand pickup — China‑made EV shipments rose ~8.7% in March, signaling improving momentum in Tesla’s largest market. Read More.
• Positive Sentiment: Japan expansion — Tesla plans to double down in Japan (targeting ~60 stores) to chase top imported‑car position, a growth avenue outside core markets. Read More.
• Neutral Sentiment: SpaceX IPO narrative — A potential SpaceX IPO is resurfacing merger/partnership chatter that could influence investor sentiment, but it’s a longer‑dated, narrative‑driven factor rather than an immediate catalyst for Tesla’s fundamentals. Read More.
• Neutral Sentiment: Software/AI progress — FSD v14.3 is in employee beta and Tesla continues to pitch AI/robotics (Optimus/Cybercab) as future growth levers; meaningful monetization remains uncertain and farther out. Read More.
• Negative Sentiment: Delivery miss & inventory build — Q1 deliveries (358,023) missed consensus; production outpaced deliveries by ~50k units, prompting concerns about softer demand, potential markdowns and near‑term margin pressure. This is the primary reason the shares moved lower. Read More.
• Negative Sentiment: Energy storage slowdown — Energy storage deployments (reported 8.8 GWh) fell short of expectations and declined sequentially, testing Tesla’s diversification narrative and cash‑generation hopes. Read More.
• Negative Sentiment: Analyst cuts & sentiment hit — Multiple firms (Goldman, Truist, Baird and others) trimmed price targets and tone after the delivery report, increasing near‑term downside risk as estimates are reworked. Read More.
• Negative Sentiment: Capex & execution concerns — Barclays flagged rising capex needs as Tesla pivots toward AI, robotics and autonomy, which could mean higher capital intensity and pressure on free cash flow. Read More.
• Negative Sentiment: Leases & earnings risk — A returning wave of lease returns and used‑vehicle supply could weigh on used prices and upcoming earnings, per industry commentary. Read More.
• Negative Sentiment: Insider selling & workforce shrink — A Tesla director disclosed a ~$9.27M share sale and reports show the Texas factory workforce shrank ~22% in 2025, both raising questions about demand/execution near term. Read More.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TSLA. CICC Research increased their price target on shares of Tesla from $450.00 to $500.00 and gave the stock an "outperform" rating in a research note on Thursday, December 18th. JPMorgan Chase & Co. dropped their price objective on shares of Tesla from $150.00 to $145.00 and set an "underweight" rating on the stock in a research note on Friday, January 30th. William Blair reaffirmed a "market perform" rating on shares of Tesla in a report on Friday, January 2nd. Zacks Research lowered Tesla from a "hold" rating to a "strong sell" rating in a report on Monday, March 30th. Finally, Phillip Securities dropped their price target on Tesla from $220.00 to $215.00 and set a "sell" rating on the stock in a research report on Monday, February 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and ten have given a Sell rating to the company. According to MarketBeat.com, Tesla currently has an average rating of "Hold" and an average target price of $402.61.

Insiders Place Their Bets

In other Tesla 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 transaction, the director owned 33,860 shares in the company, valued at $12,166,913.80. This trade represents a 43.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares of the company's stock, valued at $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 quarter, insiders sold 53,804 shares of company stock worth $20,865,598. 19.90% of the stock is owned by company insiders.

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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