WT Asset Management Ltd Raises Position in Tesla, Inc. $TSLA

Key Points

• WT Asset Management increased its stake in Tesla by 512.5% in Q4 to 98,000 shares (about $44.07 million), making TSLA its 23rd largest holding and ~1.8% of the firm's portfolio.
• Q1 results showed an EPS beat ($0.41 vs. $0.39) and positive free cash flow with revenue up 15.8% YoY, but revenue missed estimates and the stock carries a mixed analyst consensus (average rating "Hold" and average target $398.45).
• Risks and insider activity: insiders sold ~53,804 shares (~$20.9M) in the last three months, and investor concerns remain over a proposed $25B CapEx increase, FSD-related admissions, and a less-certain robotaxi timeline, which raise execution, regulatory and dilution risks.

WT Asset Management Ltd raised its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 512.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,000 shares of the electric vehicle producer's stock after buying an additional 82,000 shares during the quarter. Tesla comprises about 1.8% of WT Asset Management Ltd's holdings, making the stock its 23rd largest position. WT Asset Management Ltd's holdings in Tesla were worth $44,073,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Holocene Advisors LP increased its stake in Tesla by 132.2% in the third quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer's stock valued at $2,738,141,000 after acquiring an additional 3,505,000 shares during the last quarter. Jennison Associates LLC lifted its stake in Tesla by 38.3% during the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer's stock worth $4,851,747,000 after purchasing an additional 3,021,550 shares during the last quarter. Capital World Investors boosted its holdings in shares of Tesla by 5.8% in the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer's stock worth $19,583,547,000 after purchasing an additional 2,403,019 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Tesla by 788.2% during the 4th quarter. SG Americas Securities LLC now owns 1,226,536 shares of the electric vehicle producer's stock valued at $551,598,000 after purchasing an additional 1,088,437 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Tesla by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer's stock valued at $112,241,237,000 after buying an additional 995,623 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors.

Tesla Stock Up 0.7%

Shares of NASDAQ TSLA opened at $376.30 on Friday. The firm's fifty day moving average is $385.94 and its 200 day moving average is $420.76. Tesla, Inc. has a 52 week low of $259.63 and a 52 week high of $498.83. The company has a quick ratio of 1.77, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.41 trillion, a price-to-earnings ratio of 345.23, a PEG ratio of 11.87 and a beta of 1.91.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.02. The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company's revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 EPS. On average, equities research analysts expect that Tesla, Inc. will post 1.36 earnings per share for the current year.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $359.33, for a total value 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 position. The SEC filing for this sale provides additional information. Insiders sold 53,804 shares of company stock worth $20,865,598 over the last three months. 19.90% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on TSLA. BNP Paribas Exane cut their target price on Tesla from $313.00 to $280.00 and set an "underperform" rating for the company in a research note on Monday, March 2nd. President Capital lowered their price objective on shares of Tesla from $500.00 to $424.00 and set a "buy" rating for the company in a report on Tuesday, April 7th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $510.00 price objective on shares of Tesla in a research note on Wednesday. Roth Mkm reaffirmed a "buy" rating on shares of Tesla in a report on Thursday. Finally, William Blair reiterated a "market perform" rating on shares of Tesla in a research report on Friday, January 2nd. Eighteen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and eight have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $398.45.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 beat and positive free cash flow give near-term support: Tesla topped EPS estimates and reported positive free cash flow, which reassures income-focused investors even as the company pivots toward AI and services. Tesla Q1 Earnings Beat on Vehicle Demand Rebound
• Positive Sentiment: Cybercab production begins — tangible progress on robotaxi strategy: Videos and company posts show the Cybercab rolling off the Austin line, a concrete operational milestone that supports the long-term autonomy narrative. Watch the Cybercab robotaxi roll off Tesla's production line
• Positive Sentiment: Some analyst support: DZ Bank lifted its rating (Sell → Hold) and other firms reiterated favorable views, giving the rally more analyst-backed legitimacy. DZ Bank Upgrades Tesla From Sell to Hold
• Neutral Sentiment: $2B investment in SpaceX deepens Musk-era linkages — strategic optionality but raises governance/related-party questions; impact on Tesla depends on future returns from collaborations. Elon Musk's Tesla Invested $2 Billion Into SpaceX
• Neutral Sentiment: Quiet $2B AI-hardware acquisition disclosed — strengthens Tesla’s AI stack but raises transparency questions; investors will watch integration and capex offsets. Tesla quietly discloses $2 billion AI hardware company acquisition
• Negative Sentiment: Massive $25B CapEx hike spooks investors — Musk’s push into AI, chips, Optimus and robotaxis means cash flow is likely to go negative for the rest of 2026, heightening execution and dilution risk. Tesla's $25 billion spending plan tests investor faith
• Negative Sentiment: Musk’s FSD admissions and upgrade requirements create reputational and cost risks — public comments that past FSD claims were overstated and that many cars need hardware retrofits could trigger customer pushback, regulatory scrutiny and unexpected warranty/capex. Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving'
• Negative Sentiment: Allegations and admissions around FSD claims raise legal/regulatory pressure — headlines that management “admitted” past FSD claims were misleading increase litigation and oversight risk, a potential overhang on sentiment. Musk Admits Tesla Full Self-Driving Claims Were Lies
• Negative Sentiment: Robotaxi timeline pulled back / rollout uncertainty: Management removed concrete near-term city timelines, increasing execution risk and pushing some valuation farther into the future. Tesla's robotaxi timeline just got a little fuzzier

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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