Grove Bank & Trust Buys 5,365 Shares of Tesla, Inc. $TSLA

Grove Bank & Trust increased its position in Tesla, Inc. (NASDAQ:TSLA) by 142.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,134 shares of the electric vehicle producer’s stock after acquiring an additional 5,365 shares during the quarter. Grove Bank & Trust’s holdings in Tesla were worth $4,108,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of TSLA. Legacy Private Trust Co. increased its holdings in Tesla by 9.2% during the 4th quarter. Legacy Private Trust Co. now owns 16,792 shares of the electric vehicle producer’s stock worth $7,552,000 after acquiring an additional 1,418 shares during the period. Gryphon Financial Partners LLC boosted its holdings in Tesla by 6.0% in the 4th quarter. Gryphon Financial Partners LLC now owns 11,628 shares of the electric vehicle producer’s stock valued at $5,229,000 after purchasing an additional 660 shares during the period. Wedmont Private Capital grew its position in shares of Tesla by 1.4% during the 4th quarter. Wedmont Private Capital now owns 54,703 shares of the electric vehicle producer’s stock valued at $23,599,000 after purchasing an additional 766 shares in the last quarter. Signet Financial Management LLC increased its holdings in shares of Tesla by 6.7% in the fourth quarter. Signet Financial Management LLC now owns 2,039 shares of the electric vehicle producer’s stock worth $917,000 after purchasing an additional 128 shares during the period. Finally, Hutchens & Kramer Investment Management Group LLC bought a new position in shares of Tesla in the fourth quarter worth $200,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: US government-confirmed supply deal: Reuters reports a $4.3 billion LFP prismatic battery cell supply agreement between Tesla and LG Energy Solution — a material, multi‑year supply commitment that supports cost and scale for Tesla’s lower-cost vehicle programs and energy products. Read More.
• Positive Sentiment: Solar manufacturing push: Multiple reports say Tesla is in talks to buy ~$2.9B of solar equipment from Chinese suppliers to build out U.S. solar panel/cell capacity — supports Elon Musk’s 100 GW U.S. solar goal and diversifies revenue beyond vehicles. Read More.
• Positive Sentiment: Chip/AI roadmap progressing: Elon Musk and Reuters/Barron’s coverage indicate Tesla is targeting a December 2026 tape‑out for next‑gen AI chips (AI6/AI5) and pursuing “Terafab” initiatives — a successful chip program would reduce supply risk and accelerate Tesla’s autonomy/robotics ambitions. Read More.
• Neutral Sentiment: Semi truck early traction: Media reports (WSJ) show positive early feedback from truckers on Tesla’s Semi — encouraging for commercial product credibility, but near‑term revenue impact is modest. Read More.
• Neutral Sentiment: Geographic/energy expansion: Job listings and reporting show Tesla preparing an India push into industrial energy storage — long‑term optionality for energy business, but execution and timing unclear. Read More.
• Negative Sentiment: Regulatory overhang — FSD probe escalates: U.S. regulators (NHTSA) upgraded the FSD investigation to engineering analysis covering millions of vehicles after crashes in reduced‑visibility conditions — this raises recall/enforcement risk and is a primary driver of today’s weakness. Read More.
• Negative Sentiment: Analyst/market pressure on deliveries and valuation: UBS and others have cut Q1 delivery forecasts and reiterated cautious ratings; HSBC headlines predicting deep downside amplify negative sentiment and volatility. Read More. • Read More.
• Negative Sentiment: Competition & robotaxi doubts: Rivian/Uber alliance and commentary that Waymo leads the AV race increase skepticism about Tesla’s robotaxi timeline and margins for autonomy/Optimus. Read More.

Insiders Place Their Bets

In other Tesla news, Director James R. Murdoch sold 60,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of Tesla 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 transaction, the director directly owned 19,669 shares in the company, valued at $8,173,649.64. This trade represents a 56.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 87,995 shares of company stock valued at $38,315,650 over the last quarter. 19.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. TD Cowen lifted their price objective on Tesla from $509.00 to $519.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. President Capital decreased their target price on Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $500.00 price target on shares of Tesla in a report on Thursday, January 29th. Canaccord Genuity Group set a $520.00 price objective on Tesla in a report on Thursday, January 29th. Finally, Wedbush restated an “outperform” rating and issued a $600.00 price objective on shares of Tesla in a research report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $406.84.

Tesla Trading Down 3.2%

Shares of TSLA stock opened at $367.96 on Monday. The business has a 50-day moving average price of $414.76 and a two-hundred day moving average price of $427.84. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The firm has a market cap of $1.38 trillion, a P/E ratio of 340.70, a price-to-earnings-growth ratio of 10.88 and a beta of 1.89.

Tesla (NASDAQ:TSLA) last announced 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. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company’s revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.73 EPS. Equities analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

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.