Tesla, Inc. $TSLA Stock Holdings Lifted by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 3.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 647,258 shares of the electric vehicle producer's stock after buying an additional 19,406 shares during the quarter. PNC Financial Services Group Inc.'s holdings in Tesla were worth $291,085,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Networth Advisors LLC bought a new position in shares of Tesla in the 4th quarter worth about $26,000. Davidson Capital Management Inc. lifted its position in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after buying an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. bought a new position in shares of Tesla in the 3rd quarter worth about $30,000. Prism Advisors Inc. bought a new stake in Tesla in the 4th quarter valued at about $30,000. Finally, Texas Capital Bancshares Inc TX bought a new stake in Tesla in the 3rd quarter valued at about $31,000. 66.20% of the stock is currently owned by institutional investors.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s AI and autonomy narrative remains a long-term bull case, with Elon Musk reiterating that robotaxis could expand more broadly in the U.S. later this year and that self-driving could reshape transportation over the next decade.
• Positive Sentiment: Some investors continue to view Tesla’s energy business as an underappreciated growth driver, supporting the company’s broader transition beyond EV sales.
• Neutral Sentiment: OpenAI co-founder and former Tesla AI leader Andrej Karpathy joined Anthropic, highlighting the intensity of the AI talent war; while notable, the move is more of a signal about the broader AI race than a direct operating update for Tesla. Article Title
• Neutral Sentiment: Ongoing discussion about a potential SpaceX IPO could distract from Tesla and compete for investor capital, but this remains speculative rather than a Tesla-specific financial event.
• Negative Sentiment: Tesla raised Model Y prices, which investors are reading as a sign that demand may be less robust than hoped and that pricing changes could weigh on volume growth. Article Title
• Negative Sentiment: Analysts and media coverage continue to flag Tesla’s rich valuation, with some arguing the stock is vulnerable if execution on vehicles, autonomy, and margins does not improve quickly.
• Negative Sentiment: Recent reports of Full Self-Driving lawsuits and robotaxi safety questions are adding skepticism around Tesla’s autonomy timeline and the pace of commercialization.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Bank of America assumed coverage on shares of Tesla in a research report on Wednesday, March 4th. They issued a "buy" rating and a $460.00 price objective on the stock. Weiss Ratings reiterated a "hold (c-)" rating on shares of Tesla in a research report on Friday, April 24th. Barclays reiterated a "neutral" rating on shares of Tesla in a research report on Wednesday, May 13th. President Capital lifted their price objective on shares of Tesla from $424.00 to $428.00 and gave the company a "buy" rating in a research report on Monday, April 27th. Finally, JPMorgan Chase & Co. reiterated a "sell" rating on shares of Tesla in a research report on Wednesday, April 22nd. Nineteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $395.20.

Tesla Stock Down 1.4%

Tesla stock opened at $404.11 on Wednesday. The stock has a market cap of $1.52 trillion, a price-to-earnings ratio of 370.74, a PEG ratio of 16.19 and a beta of 1.79. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The company's 50-day moving average price is $386.65 and its two-hundred day moving average price is $417.28. Tesla, Inc. has a 52 week low of $273.21 and a 52 week high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion for the quarter, compared to analysts' expectations of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. Tesla's quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the company earned $0.27 EPS. On average, analysts expect that Tesla, Inc. will post 1.2 EPS for the current fiscal year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares of the company's stock, valued at $8,147,700. The trade was a 14.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through 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 Tesla stock in a transaction that occurred 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 transaction, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 83,213 shares of company stock worth $32,201,105 in the last ninety days. Corporate insiders own 19.90% of the company's stock.

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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