Maryland State Retirement & Pension System Increases Position in Tesla, Inc. $TSLA

Maryland State Retirement & Pension System boosted its position in Tesla, Inc. (NASDAQ:TSLA) by 2.6% during the third quarter, Holdings Channel reports. The fund owned 139,977 shares of the electric vehicle producer’s stock after acquiring an additional 3,559 shares during the period. Tesla comprises 1.3% of Maryland State Retirement & Pension System’s holdings, making the stock its 12th biggest holding. Maryland State Retirement & Pension System’s holdings in Tesla were worth $62,251,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Chapman Financial Group LLC purchased a new position in shares of Tesla during the 2nd quarter valued at about $26,000. LGT Financial Advisors LLC bought a new position in Tesla during the second quarter valued at approximately $29,000. Manning & Napier Advisors LLC purchased a new position in shares of Tesla during the third quarter worth approximately $29,000. CoreFirst Bank & Trust bought a new stake in shares of Tesla in the 2nd quarter worth approximately $30,000. Finally, ESL Trust Services LLC boosted its stake in shares of Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after purchasing an additional 95 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Dojo/AI chip revival — Elon Musk says Tesla is restarting Dojo 3 after progress on the AI5 chip, which supports the company’s long-term autonomy and robotaxi ambitions and could improve software moat and margins. Tesla Set to Restart AI Supercomputer Project
• Positive Sentiment: Autonomy capability — Tesla asserts AI4-powered cars can reach unsupervised self-driving without hardware upgrades, supporting faster fleet monetization and lower upgrade capex. This bolsters the revenue case for software/subscription and robotaxi. AI4-powered cars unsupervised driving
• Positive Sentiment: Canada and tariff dynamics — Canada’s decision to cut tariffs on China-made EVs puts Tesla (with an existing Shanghai supply chain and sales network) in an early advantageous position to grow market share there. Tesla poised to be early winner as Canada opens door to Chinese-made EVs
• Neutral Sentiment: Upcoming earnings/call — Q4 results and the Jan. 28 call are the next major catalysts where management must quantify progress on robotaxis, Dojo, and margins. Market will react to guidance and delivery commentary. Should You Buy Tesla Stock Before Jan. 28?
• Neutral Sentiment: Operational/PR noise — Musk’s social-media back-and-forth (Ryanair poll/jabs) continue to generate headlines but are unlikely to change fundamentals; treat as sentiment noise. Elon Musk asks followers if he should buy Ryanair
• Negative Sentiment: Market/AI sell-off pressure — Tesla is sliding with broader AI/Magnificent Seven weakness today, which is depressing multiples for high-growth, AI-exposed names even when company fundamentals are improving. Tesla Stock Drops With Market. Musk Goes Big On AI Chips.
• Negative Sentiment: FSD policy change and competition — Tesla will end free FSD transfers March 31 and push subscriptions; that may boost recurring revenue but risks customer pushback and lower resale value of FSD-equipped used cars. At the same time, rivals and BYD’s strong sales growth tighten the competitive backdrop. Free FSD transfer ends

Tesla Price Performance

Shares of Tesla stock opened at $437.50 on Tuesday. The business has a 50 day moving average of $443.36 and a 200 day moving average of $400.89. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83. The company has a market cap of $1.46 trillion, a PE ratio of 291.67, a P/E/G ratio of 7.44 and a beta of 1.83. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. During the same period in the previous year, the firm earned $0.72 EPS. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. As a group, equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on TSLA. President Capital lowered their price target on shares of Tesla from $529.00 to $517.00 and set a “buy” rating for the company in a research note on Tuesday, January 6th. Evercore ISI boosted their target price on Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. UBS Group restated a “sell” rating and set a $307.00 target price (up from $247.00) on shares of Tesla in a report on Wednesday, January 14th. Mizuho lifted their price target on Tesla from $475.00 to $530.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 16th. Finally, Industrial Alliance Securities set a $300.00 price objective on Tesla in a research note on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $410.20.

Insider Activity at Tesla

In other Tesla news, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director directly owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James R. Murdoch sold 60,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 119,457 shares of company stock worth $53,501,145 over the last 90 days. 19.90% of the stock is owned by company insiders.

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.