Tesla, Inc. $TSLA Stock Holdings Decreased by Legal & General Group Plc

Key Points

• Legal & General trimmed its Tesla stake by 5.4% in Q3, selling 1,087,084 shares and now holds 19,138,014 shares (about 0.58% of Tesla, valued at $8.51B), making TSLA its eighth-largest holding (~1.9% of the firm's portfolio).
• Tesla beat quarterly EPS estimates with $0.50 (vs. $0.45 expected) on revenue of $24.9 billion, though revenue was down 3.1% year-over-year; the company has a market cap of about $1.5 trillion and a P/E near 369.
• Insiders have been net sellers (87,995 shares sold in the last 90 days, including a 25,731-share sale by a director and 2,264 shares by the CFO), leaving insiders with 19.90% ownership while institutional investors own ~66.20% of the stock.

Legal & General Group Plc cut its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 5.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,138,014 shares of the electric vehicle producer's stock after selling 1,087,084 shares during the period. Tesla comprises about 1.9% of Legal & General Group Plc's holdings, making the stock its 8th largest holding. Legal & General Group Plc owned about 0.58% of Tesla worth $8,511,058,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Narwhal Capital Management raised its holdings in Tesla by 32.8% during the third quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer's stock worth $4,232,000 after purchasing an additional 2,350 shares in the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of Tesla by 29.6% in the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer's stock valued at $14,487,000 after buying an additional 7,446 shares in the last quarter. Norges Bank purchased a new position in shares of Tesla in the 2nd quarter valued at $11,839,824,000. Police & Firemen s Retirement System of New Jersey raised its stake in Tesla by 5.6% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer's stock worth $135,688,000 after acquiring an additional 22,607 shares in the last quarter. Finally, China Universal Asset Management Co. Ltd. raised its stake in Tesla by 8.8% during the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer's stock worth $21,571,000 after acquiring an additional 3,935 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla Stock Performance

NASDAQ TSLA opened at $398.68 on Tuesday. The firm has a market cap of $1.50 trillion, a P/E ratio of 369.15, a P/E/G ratio of 11.73 and a beta of 1.89. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $498.83. The business's 50-day moving average price is $423.95 and its 200 day moving average price is $424.57. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same period in the prior year, the business earned $0.73 EPS. The firm's revenue was down 3.1% compared to the same quarter last year. On average, equities research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is expanding charging capacity with a 400+ stall Supercharger hub in California to ease congestion on a key corridor — a concrete customer-experience and delivery-enabler that supports vehicle demand and charging network moat. Can Tesla Solve EV Congestion With 400+ New Supercharger Stalls?
• Positive Sentiment: Tesla’s Optimus/robot push remains a strategic growth story beyond cars — plans to shift Fremont capacity and a Gen‑3 robot reveal keep the long-term narrative (AGI/robotics TAM) alive, which underpins premium valuation if execution succeeds. Tesla Optimus Robot Push Reshapes Growth Story Beyond Electric Vehicles
• Neutral Sentiment: Rumors around a potential SpaceX IPO and talk of giving Tesla shareholders access create an indirect narrative tailwind for Musk-linked assets — uncertain timing and structure make the impact speculative. The SpaceX IPO Could Be the Biggest Ever—Here’s What We Know
• Neutral Sentiment: Large investors’ moves in related tech names (e.g., Leo KoGuan adding Nvidia) signal portfolio rotations during market stress but are not direct drivers of TSLA fundamentals. Nvidia Draws $350 Million Bet as Tesla Billionaire Doubles Stake
• Negative Sentiment: Executive departures: Tesla lost a veteran director working on the robotaxi backend and long‑time finance VP Sendil Palani announced his exit after 17 years — leadership churn raises execution risk ahead of major product rollouts (robotaxi/Autonomy). Tesla Loses Director Behind Robotaxi Backend Tesla Loses Key Finance Leader
• Negative Sentiment: Regulatory and safety pressure: reports of deteriorating FSD safety metrics and a renewed NHTSA probe into FSD raise near-term liability, compliance and rollout concerns for the autonomy roadmap. Tesla's FSD Safety Metrics 'Sharply Deteriorating,' Says Analyst
• Negative Sentiment: Sentiment and competition: several banks and market experts have turned more cautious, citing stretched valuations, delivery declines and intensifying competition from BYD, Rivian, Lucid and new robotaxi entrants (Waymo, Zoox). That combination is pressuring investor conviction and multiple compression. Tesla stock: why three big banks are turning bearish on TSLA Here's how Amazon just stepped up its robotaxi competition
• Negative Sentiment: Macro/operational headwinds: concerns about a possible semiconductor squeeze and rising oil/pricing pressures are cited as factors that could hurt production and margins. Tesla Stock Is Dropping: What's Going On Today?

Insider Activity

In other news, Director Kathleen Wilson-Thompson sold 25,731 shares of the company's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the completion of the sale, the director owned 19,669 shares in the company, valued at $8,173,649.64. This represents a 56.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 87,995 shares of company stock valued at $38,315,650. Company insiders own 19.90% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TSLA. President Capital decreased their price objective on shares of Tesla from $517.00 to $500.00 and set a "buy" rating for the company in a research note on Friday, January 30th. HSBC reissued a "reduce" rating on shares of Tesla in a report on Monday, November 17th. Truist Financial decreased their target price on Tesla from $439.00 to $438.00 and set a "hold" rating for the company in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research report on Tuesday, January 27th. Finally, Morgan Stanley set a $415.00 price objective on Tesla and gave the company an "equal weight" rating in a research note on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $406.84.

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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