Tesla, Inc. $TSLA Shares Sold by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group reduced its Tesla stake by 7.0% in Q4, selling 582,821 shares and now holds 7,724,739 shares (about 0.23% of Tesla, valued at $3.47B), making TSLA its ninth-largest holding (~2.0% of the firm's portfolio).
• Tesla faces mixed catalysts: a regulatory win as Dutch regulators approved its driver‑assistance system and German registrations surged, but a Q1 delivery/production miss, ~16% decline in China retail sales, rising analyst skepticism and technical weakness leave downside risk ahead of Q1 earnings on April 22.
• Insiders have been selling: CFO Vaibhav Taneja and director Kathleen Wilson‑Thompson reported recent share sales, with insiders offloading 53,804 shares (~$20.9M) last quarter while still owning 19.90% of the company.

Sumitomo Mitsui Trust Group Inc. cut its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 7.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 7,724,739 shares of the electric vehicle producer's stock after selling 582,821 shares during the period. Tesla comprises about 2.0% of Sumitomo Mitsui Trust Group Inc.'s holdings, making the stock its 9th biggest holding. Sumitomo Mitsui Trust Group Inc. owned 0.23% of Tesla worth $3,473,970,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Networth Advisors LLC acquired a new stake in shares of Tesla in the fourth quarter valued at about $26,000. Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla in the third quarter valued at about $30,000. Manning & Napier Advisors LLC acquired a new stake in shares of Tesla in the third quarter valued at about $29,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of Tesla in the third quarter valued at about $31,000. Finally, First Community Trust NA acquired a new stake in shares of Tesla in the fourth quarter valued at about $31,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Dutch regulators approved Tesla’s driver‑assistance system for supervised use on highways and city streets in the Netherlands — a first regulatory sign‑off in Europe that supports Tesla’s autonomy narrative and EU expansion plans. Tesla's self-driving software gets Dutch go-ahead
• Positive Sentiment: Germany registrations surged ~315% year‑over‑year in March (record 9,252 units), signaling demand recovery in Europe’s largest auto market that could help offset other regional weakness. What Drove Tesla Germany's 315% Y/Y Surge in March Registrations?
• Positive Sentiment: Large institutional buying from ARK Invest / Cathie Wood continues during the pullback, providing a retail/institutional demand floor that can reduce downside volatility. Cathie Wood Doubles Down on Tesla
• Neutral Sentiment: Tesla is reportedly developing a smaller, lower‑cost compact SUV — a potential volume driver over time but one that may pressure margins if executed. Investors view this as a strategic shift that could help long‑term growth but adds execution risk. Tesla's lower-cost EV plan seen boosting volume, risking margins
• Neutral Sentiment: Upcoming Q1 earnings (April 22) are the next major catalyst — results and management commentary on deliveries, margins, energy, and autonomy progress will likely drive near‑term moves. Tesla Earnings Preview
• Neutral Sentiment: Retail investors are buying the dip according to some data vendors — this can create short-lived support but may not offset institutional selling if fundamentals disappoint. Vanda Research Says Retail Investors are Buying the Tesla Stock Dip
• Negative Sentiment: Tesla missed Q1 delivery and production expectations (deliveries ~358K vs. est. ~365.6K; production also below forecasts), creating inventory/backlog concerns that are pressuring sentiment. Tesla stock slips as delivery miss and risks weigh on sentiment
• Negative Sentiment: China retail sales declined (~16% in Q1) despite wholesale increases, highlighting regional demand divergence and a potential headwind to global volumes. Tesla's China Retail Sales Decline 16% In Q1
• Negative Sentiment: Analyst skepticism is rising — JPMorgan reiterated a Sell and other firms (including GLJ Research) have flagged dramatic downside; mixed analyst views increase volatility and can amplify downward moves. JPMorgan Reiterates Sell Rating for Tesla
• Negative Sentiment: Technical damage (recent “death cross,” multi‑week losing streak) and rising competition in autonomy/robotaxi space are eroding momentum; absent strong earnings or autonomy progress, further downside is possible. Tesla’s ‘Death Cross’ Flashed Again

Tesla Price Performance

Tesla stock opened at $348.79 on Monday. Tesla, Inc. has a 12-month low of $222.79 and a 12-month high of $498.83. The stock has a market cap of $1.31 trillion, a P/E ratio of 322.95, a PEG ratio of 10.59 and a beta of 1.91. The company has a 50-day moving average price of $392.91 and a 200 day moving average price of $424.68. 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 (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. During the same period last year, the business earned $0.73 earnings per share. The business's revenue for the quarter was down 3.1% on a year-over-year basis. Sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer directly 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction dated 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 sale, the director owned 33,860 shares of the company's stock, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 53,804 shares of company stock valued at $20,865,598. Company insiders own 19.90% of the company's stock.

Analyst Upgrades and Downgrades

TSLA has been the subject of a number of recent research reports. Mizuho set a $540.00 target price on shares of Tesla and gave the company an "outperform" rating in a research report on Thursday, January 29th. China Renaissance raised their price objective on shares of Tesla from $380.00 to $382.00 and gave the stock a "hold" rating in a research report on Monday, February 2nd. President Capital cut their price objective on shares of Tesla from $500.00 to $424.00 and set a "buy" rating for the company in a research report on Tuesday, April 7th. JPMorgan Chase & Co. restated a "sell" rating on shares of Tesla in a research report on Tuesday, April 7th. Finally, Robert W. Baird cut their price objective on shares of Tesla from $548.00 to $538.00 and set an "outperform" rating for the company in a research report on Thursday, April 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have issued a Sell rating to the company's stock. According to MarketBeat, Tesla has a consensus rating of "Hold" and a consensus target price of $400.01.

Tesla 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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