US Bancorp DE Acquires 7,265 Shares of Tesla, Inc. $TSLA

Key Points

• US Bancorp DE raised its Tesla stake by 2.0%, buying 7,265 shares to hold 374,402 shares worth about $168.38 million per its latest 13F filing.
• Institutional investors own about 66.20% of Tesla while insiders hold 19.90%, and insiders sold 53,804 shares (~$20.9M) over the past 90 days, including notable sales by the CFO and a director.
• Tesla’s Q1 showed a small EPS beat ($0.41 vs $0.39) but a revenue miss ($22.39B vs $22.96B), leaving the stock rangebound amid mixed analyst views, lowered estimates, rising China competition, and cautious timing for autonomy/robotics despite milestones like the first Tesla Semi production.

US Bancorp DE lifted its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 374,402 shares of the electric vehicle producer's stock after buying an additional 7,265 shares during the period. US Bancorp DE's holdings in Tesla were worth $168,376,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Narwhal Capital Management grew its stake in Tesla by 32.8% in the 3rd quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer's stock worth $4,232,000 after acquiring an additional 2,350 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in 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 worth $14,487,000 after acquiring an additional 7,446 shares in the last quarter. Calamos Wealth Management LLC grew its stake in Tesla by 5.9% in the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer's stock worth $18,846,000 after acquiring an additional 2,341 shares in the last quarter. China Universal Asset Management Co. Ltd. grew its stake in Tesla by 8.8% in 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. Finally, Ashton Thomas Private Wealth LLC grew its stake in Tesla by 26.0% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer's stock worth $8,019,000 after acquiring an additional 3,724 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: First Tesla Semi rolling off a high‑volume production line — execution proof that Tesla can scale new product lines (supports long‑term revenue diversification). First Tesla Semi rolls off high-volume production line
• Positive Sentiment: Sell‑side support remains in places — Deutsche Bank reaffirmed a "buy" rating, providing some analyst backing amid the pullback. Deutsche Bank gives a buy rating
• Neutral Sentiment: Q1 was mixed: EPS beat but revenue missed and investors remain focused on margins, capex and the timeline for autonomy/robotics to contribute meaningfully to profits. That keeps the stock rangebound until clearer revenue/cash‑flow signals arrive. Great News for Tesla Stock Investors
• Neutral Sentiment: Progress on robotaxi/Cybercab and Optimus (humanoid robot) was confirmed — important long‑term optionality but timelines remain uncertain, so market reaction is tempered. Tesla’s Cybercab Is Finally Real—But Is It Enough? Tesla Stock Rises. Elon Musk Talks Up 'Special' Optimus 3 Robot.
• Negative Sentiment: Erste Group cut FY2026 and FY2027 EPS estimates materially (FY2026 to $1.18, FY2027 to $1.65), signaling lower near‑term earnings expectations and adding selling pressure. Erste Group cuts TSLA estimates
• Negative Sentiment: Rising competition in China: NIO unveiled a lower‑priced Onvo L80 SUV targeting the Model Y, which can pressure Tesla’s China volumes and margins if competitors keep undercutting price points. NIO stock soars after Onvo L80 reveal
• Negative Sentiment: Analyst/market skepticism around the timing of big bets (robotaxi, Optimus) plus a large planned capex runway keeps valuation under pressure despite product progress — which helps explain the pullback in the share price. Tesla stock down amid robotaxi setbacks

Wall Street Analyst Weigh In

TSLA has been the topic of a number of research analyst reports. Weiss Ratings restated a "hold (c-)" rating on shares of Tesla in a research note on Friday, April 24th. Mizuho dropped their target price on shares of Tesla from $540.00 to $480.00 and set an "outperform" rating on the stock in a research note on Thursday, April 23rd. Robert W. Baird lowered their price target on shares of Tesla from $538.00 to $522.00 and set an "outperform" rating for the company in a research report on Friday, April 24th. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research report on Thursday, April 23rd. Finally, New Street Research upped their price target on shares of Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a research report on Tuesday, January 6th. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat.com, Tesla has an average rating of "Hold" and an average price target of $398.42.

Insider Activity at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the firm's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total value 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 the firm's stock in a transaction that occurred 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 completion of the sale, the director owned 33,860 shares of the company's stock, valued at approximately $12,166,913.80. This trade 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 90 days, insiders sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is owned by insiders.

Tesla Price Performance

Shares of TSLA opened at $372.80 on Thursday. The company has a market cap of $1.40 trillion, a price-to-earnings ratio of 342.02, a price-to-earnings-growth ratio of 13.59 and a beta of 1.91. Tesla, Inc. has a twelve month low of $270.78 and a twelve month high of $498.83. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The company has a 50 day moving average of $383.70 and a two-hundred day moving average of $419.55.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. Tesla's revenue was up 15.8% compared to the same quarter last year. During the same period last year, the firm earned $0.27 earnings per share. As a group, analysts predict that Tesla, Inc. will post 1.32 earnings per share for the current fiscal 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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