Tesla, Inc. $TSLA Shares Sold by AIA Group Ltd

AIA Group Ltd trimmed its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 17.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 97,358 shares of the electric vehicle producer's stock after selling 19,961 shares during the period. AIA Group Ltd's holdings in Tesla were worth $34,544,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Security National Bank of Sioux City Iowa IA purchased a new stake in shares of Tesla during the second quarter worth $25,000. Harborfront Financial Group LLC purchased a new position in shares of Tesla in the second quarter worth about $34,000. Montgomery Financial Services LLC acquired a new position in Tesla during the second quarter worth about $40,000. Timbuktu Capital Management LLC acquired a new position in Tesla during the second quarter worth about $42,000. Finally, Navigoe LLC purchased a new stake in Tesla during the 2nd quarter valued at about $45,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on TSLA. Stifel Nicolaus set a $475.00 price objective on shares of Tesla in a report on Thursday, October 22nd. Truist Financial set a $370.00 target price on Tesla and gave the stock a "hold" rating in a report on Thursday, July 23rd. Citigroup restated a "neutral" rating on shares of Tesla in a research report on Wednesday, October 21st. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Tesla in a report on Thursday, October 22nd. Finally, DZ Bank upgraded Tesla from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $414.51.

Tesla Stock Performance

Shares of Tesla stock opened at $398.50 on Wednesday. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The business's fifty day simple moving average is $371.42 and its 200-day simple moving average is $385.39. The firm has a market cap of $1.58 trillion, a PE ratio of 553.18, a price-to-earnings-growth ratio of 25.01 and a beta of 1.74. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The firm had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same period last year, the company earned $0.50 EPS. The company's quarterly revenue was down .2% on a year-over-year basis. Equities analysts forecast that Tesla, Inc. will post 0.67 earnings per share for the current year.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European registrations rebounded. October registrations rose sharply in several Northern European markets, including 248% year over year in Sweden and 131% in Norway, alongside gains in other European countries. The data may support hopes of a sales recovery. Tesla registrations surge across Northern Europe in October
• Positive Sentiment: Substantial electric-truck demand: a shipper alliance reportedly ordered 2,500 Tesla Semi trucks, a potentially meaningful commercial opportunity if deliveries and adoption follow through. Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight
• Neutral Sentiment: Robotaxi expansion: Tesla’s service is set to reach Fort Worth, extending its footprint. The longer-term stock impact depends on customer uptake, operating economics and regulatory progress. Robotaxi Service Hits Fort Worth
• Negative Sentiment: China sales data were mixed, with a concerning sequential trend. China-made EV sales increased 10.3% year over year in October, but wholesale sales fell from September to their second-lowest level of 2026, raising concerns about demand and competition in a key market. Tesla's China Wholesale Sales Sink Sequentially in October
• Negative Sentiment: South Korean consumer group alleges Tesla misled customers about its automated-driving technology. The claim could bring reputational or regulatory risk; it is an allegation, not a reported finding. Tesla misled South Korean customers, consumer group alleges

Insider Buying and Selling at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares of the company's stock, valued at $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 20.00% of the company's stock.

About Tesla

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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