Tesla, Inc. $TSLA Shares Sold by Meeder Asset Management Inc.

Key Points

• Meeder Asset Management cut its Tesla stake by 56% in the first quarter, selling 7,540 shares and leaving it with 5,931 shares worth about $2.2 million.
• Tesla insiders also sold stock recently: CFO Vaibhav Taneja and Director Kathleen Wilson-Thompson both reduced their holdings, and insiders have sold 32,015 shares worth $12.4 million over the past 90 days.
• Wall Street remains divided on Tesla, with a consensus rating of Hold and an average price target of $408.07, while analysts cite both upside from robotaxi/Optimus plans and risks from valuation, competition, and earnings expectations.

Meeder Asset Management Inc. decreased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 56.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,931 shares of the electric vehicle producer's stock after selling 7,540 shares during the period. Meeder Asset Management Inc.'s holdings in Tesla were worth $2,205,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in TSLA. Networth Advisors LLC acquired a new position in Tesla in the fourth quarter worth approximately $26,000. Davidson Capital Management Inc. raised its position in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after acquiring an additional 27 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new stake in Tesla in the third quarter valued at approximately $30,000. Prism Advisors Inc. acquired a new stake in Tesla in the fourth quarter valued at approximately $30,000. Finally, Texas Capital Bancshares Inc TX bought a new stake in Tesla in the third quarter worth approximately $31,000. 66.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares of the company's stock, valued at $8,864,085.80. This represents a 10.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm's stock in a transaction on Thursday, April 30th. The stock was 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 in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 32,015 shares of company stock worth $12,383,640. 19.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. William Blair restated a "market perform" rating on shares of Tesla in a report on Thursday, July 2nd. Evercore raised shares of Tesla from a "hold" rating to an "outperform" rating in a research report on Friday, June 5th. The Goldman Sachs Group started coverage on Tesla in a report on Friday, June 5th. They set a "buy" rating on the stock. Citigroup started coverage on Tesla in a research note on Thursday, July 9th. They set a "market perform" rating for the company. Finally, Barclays increased their price objective on Tesla from $360.00 to $370.00 and gave the company an "equal weight" rating in a report on Tuesday, July 14th. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $408.07.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $460 price target, citing rapid robotaxi expansion, better-than-expected deliveries, and upcoming Optimus milestones.
• Positive Sentiment: Analysts and investors continue to focus on Tesla’s robotaxi, Cybercab, and Optimus programs, which remain major long-term growth catalysts.
• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Tesla, signaling at least some improving expectations heading into the report.
• Neutral Sentiment: Wall Street expects a sizable earnings-driven stock move, with options pricing implying elevated volatility around the report.
• Neutral Sentiment: Recent coverage highlights that Tesla’s quarterly delivery strength has not yet translated into a sustained stock rebound, suggesting investors want more than just beat-and-raise narratives.
• Negative Sentiment: Broader AI and high-growth tech weakness is weighing on Tesla, as investors worry about stretched valuations and cooling enthusiasm for expensive megacap names.
• Negative Sentiment: Several reports point to skepticism around Tesla’s valuation, with commentary noting the stock could be vulnerable if earnings, margins, or guidance disappoint.
• Negative Sentiment: Competitive and regulatory headwinds remain in focus, including tougher EV competition in Europe, a denied NHTSA petition over a headlight recall issue, and ongoing scrutiny of Tesla’s autonomy claims.

Tesla Trading Down 0.0%

Tesla stock opened at $380.79 on Monday. Tesla, Inc. has a 52 week low of $297.82 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. The firm has a market capitalization of $1.43 trillion, a PE ratio of 349.35, a PEG ratio of 13.08 and a beta of 1.80. The business's 50-day simple moving average is $409.41 and its 200-day simple moving average is $405.63.

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 firm had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.27 EPS. Equities research analysts forecast that Tesla, Inc. will post 1.34 earnings per share for the current year.

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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