Tesla, Inc. $TSLA Shares Sold by Elm Partners Management LLC

Key Points

• Elm Partners Management LLC cut its Tesla stake by 72.4% in the fourth quarter, selling 1,208 shares and leaving it with 461 shares worth about $207,000.
• Large institutional investors remain heavily involved in Tesla, with firms like Norges Bank, Vanguard, and others reporting major holdings; institutions and hedge funds together own 66.20% of the stock.
• Tesla’s latest earnings beat EPS estimates at $0.41, but revenue came in below expectations, while analysts currently rate the stock a cautious “Hold” on average with a consensus target price of $395.20.

Elm Partners Management LLC decreased its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 72.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 461 shares of the electric vehicle producer's stock after selling 1,208 shares during the period. Elm Partners Management LLC's holdings in Tesla were worth $207,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TSLA. Norges Bank acquired a new position in Tesla during the 4th quarter valued at about $17,128,100,000. Vanguard Group Inc. increased its stake in Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock valued at $116,443,762,000 after buying an additional 6,538,720 shares during the period. Holocene Advisors LP increased 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 valued at $2,738,141,000 after buying an additional 3,505,000 shares during the period. Capital World Investors increased its stake in Tesla by 5.8% during the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer's stock valued at $19,583,547,000 after buying an additional 2,403,019 shares during the period. Finally, PFA Pension Forsikringsaktieselskab acquired a new position in Tesla during the 4th quarter valued at about $748,084,000. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla Stock Performance

Shares of TSLA opened at $435.79 on Monday. Tesla, Inc. has a one year low of $273.21 and a one year high of $498.83. The company has a 50-day moving average of $391.84 and a two-hundred day moving average of $416.20. The stock has a market cap of $1.64 trillion, a price-to-earnings ratio of 399.81, a PEG ratio of 17.21 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping the consensus estimate 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 period last year, the company posted $0.27 earnings per share. The business's revenue for the quarter was up 15.8% on a year-over-year basis. On average, equities research analysts expect that Tesla, Inc. will post 1.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on TSLA shares. DZ Bank raised shares of Tesla from a "sell" rating to a "hold" rating and set a $385.00 target price on the stock in a research note on Friday, April 24th. Mizuho lowered their price objective on shares of Tesla from $540.00 to $480.00 and set an "outperform" rating on the stock in a research note on Thursday, April 23rd. Truist Financial lowered their price objective on shares of Tesla from $438.00 to $400.00 and set a "hold" rating on the stock in a research note on Thursday, April 2nd. Benchmark reaffirmed a "buy" rating on shares of Tesla in a research note on Wednesday, February 11th. Finally, JPMorgan Chase & Co. reaffirmed a "sell" rating on shares of Tesla in a research note on Wednesday, April 22nd. Nineteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $395.20.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla was reported to have received authorization in Texas to operate driverless vehicles commercially, a key regulatory step that could move its robotaxi plans closer to launch and support the stock. Tesla (TSLA) Moves Closer to Robotaxi Launch after Texas Driverless Approval
• Positive Sentiment: Counterpoint Research data showed Tesla reclaiming the No. 1 spot in the global battery EV market in Q1 2026, reinforcing its leadership in EVs even as industry growth was modest. Tesla Reclaims No. 1 Position In Global Battery EV Race
• Positive Sentiment: European momentum remained a tailwind, with reports that Tesla EV registrations spiked in Europe and the stock was nearing a buy point, suggesting improving near-term demand trends. Tesla EV Registrations In Europe Spike. The Stock Is Closing In On A Buy Point.
• Neutral Sentiment: Multiple articles and market commentary pointed to Tesla’s huge valuation being tied to future robotaxis, Optimus, and AI products that still feel years away, which keeps sentiment dependent on execution rather than current fundamentals.
• Neutral Sentiment: There was also renewed speculation about a possible Tesla-SpaceX merger, which could be transformative if it ever happened, but remains highly speculative and difficult to value.
• Negative Sentiment: Fresh reports that Tesla’s Texas robotaxi fleet is far smaller than Waymo’s — 42 registered vehicles versus 577 — raised concerns that Tesla is lagging competitors in autonomous deployment. Tesla's robotaxi fleet in Texas is still playing catch-up to Waymo
• Negative Sentiment: Other coverage said Tesla’s FSD rollout and robotaxi progress were being overshadowed by Waymo’s lead, adding pressure to the company’s autonomous vehicle narrative.

Insider Activity

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm's stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, 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 sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the firm's stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the transaction, the chief financial officer owned 18,106 shares of the company's stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 57,482 shares of company stock valued at $21,508,331. Corporate insiders own 19.90% of the company's stock.

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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