Tesla, Inc. $TSLA Shares Sold by KLP Kapitalforvaltning AS

Key Points

• KLP Kapitalforvaltning AS trimmed its Tesla stake by 1.8%, selling 19,300 shares and now holding 1,078,810 shares worth about $485.2 million — Tesla is the fund's 9th largest holding and represents 1.9% of its portfolio, while institutions own roughly 66.2% of TSLA.
• Notable insider selling: Director Kathleen Wilson‑Thompson sold 25,809 shares (~$9.27M) and CFO Vaibhav Taneja sold 2,264 shares (~$898.9K); insiders have sold 53,804 shares (~$20.9M) in the past 90 days and currently own 19.9% of the company.
• Q1 results and mixed outlook: Tesla beat EPS estimates ($0.41 vs. $0.39) but missed revenue ($22.39B vs. $22.96B); the report highlighted positive free cash flow and AI/robotics progress but also flagged higher planned 2026 capex, FSD upgrade costs and operational headwinds, leaving analysts' ratings and price targets broadly polarized (consensus target ~$397.26).

KLP Kapitalforvaltning AS decreased its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,078,810 shares of the electric vehicle producer's stock after selling 19,300 shares during the period. Tesla accounts for 1.9% of KLP Kapitalforvaltning AS's portfolio, making the stock its 9th largest position. KLP Kapitalforvaltning AS's holdings in Tesla were worth $485,162,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Networth Advisors LLC purchased a new stake in Tesla during the fourth quarter worth approximately $26,000. Turning Point Benefit Group Inc. purchased a new stake in Tesla during the third quarter worth approximately $30,000. Manning & Napier Advisors LLC purchased a new stake in Tesla during the third quarter worth approximately $29,000. Prism Advisors Inc. purchased a new stake in Tesla during the fourth quarter worth approximately $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in Tesla during the third quarter worth approximately $31,000. Institutional investors and hedge funds own 66.20% of the company's stock.

Insider Buying and Selling at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 25,809 shares of the stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the transaction, the director directly owned 33,860 shares in the company, valued at $12,166,913.80. This represents 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 the 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 transaction, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 53,804 shares of company stock valued at $20,865,598 over the last 90 days. Insiders own 19.90% of the company's stock.

Tesla Price Performance

Shares of TSLA stock opened at $387.51 on Thursday. The company has a market capitalization of $1.45 trillion, a PE ratio of 358.81, a price-to-earnings-growth ratio of 12.22 and a beta of 1.91. The firm has a fifty day simple moving average of $387.63 and a 200-day simple moving average of $421.62. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. Tesla, Inc. has a twelve month low of $244.43 and a twelve month high of $498.83.

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 for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business's quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 earnings per share. Equities research analysts anticipate that Tesla, Inc. will post 1.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Wells Fargo & Company decreased their price objective on shares of Tesla from $130.00 to $125.00 and set an "underweight" rating for the company in a research note on Thursday, January 29th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Tesla in a research note on Tuesday, January 27th. President Capital decreased their price objective on shares of Tesla from $500.00 to $424.00 and set a "buy" rating for the company in a research note on Tuesday, April 7th. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a research note on Thursday, January 29th. Finally, William Blair reiterated a "market perform" rating on shares of Tesla in a research note on Friday, January 2nd. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $397.26.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 beat on profit and margin — adjusted EPS came in above expectations and profitability rebounded, giving investors confidence the core business can generate cash even as volumes wobble. Tesla (TSLA) Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Surprise cash / free‑cash‑flow upside — the company reported a cash surplus/positive FCF that reduced near‑term liquidity concerns despite 2026 spending plans. That supported the rally. When Does Tesla Report? When Does the Call Start?
• Positive Sentiment: AI/robotics credibility gains — progress on the A15 AI chip tape‑out, Terafab plans to use Intel’s 14A process, and expansion of robotaxi miles/coverage give the market more conviction in Tesla’s transition toward higher‑margin software and fleet services. Tesla CEO Musk says company plans to use Intel's 14A process for Terafab
• Neutral Sentiment: Mixed top line — revenue missed some Street estimates (different outlets show varying comparisons), and vehicle deliveries lagged in parts of the U.S.; the headline EPS beat masked the sales softness. Tesla revenue misses estimates as demand weakens
• Neutral Sentiment: Analyst views remain polarized — price targets and ratings range widely (from sell to outperform), so momentum after earnings may depend on which narrative — AI upside or execution risks — investors favor. Tesla Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Negative Sentiment: Planned capex spike and higher expenses — management signaled substantially higher spending in 2026 to fund AI, robotaxi and Optimus, which raises near‑term margin and cash‑flow uncertainty and weighed on sentiment for some investors. Tesla CapEx Spike Hits Stock As Intel Pops On Elon Musk Comments
• Negative Sentiment: FSD execution and customer friction — Elon Musk acknowledged millions of owners will need hardware upgrades for “true” FSD and critics renewed calls for refunds, increasing the risk of additional costs and reputational damage. Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving'
• Negative Sentiment: Operational headwinds — inventory build, weaker California registrations and a slowing energy/battery sales segment were flagged by several outlets and analysts as near‑term risks. Tesla registrations plunge in California, industry body says

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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