Canada Post Corp Registered Pension Plan grew its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 26.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,955 shares of the electric vehicle producer’s stock after acquiring an additional 14,900 shares during the period. Tesla comprises about 1.2% of Canada Post Corp Registered Pension Plan’s portfolio, making the stock its 13th largest holding. Canada Post Corp Registered Pension Plan’s holdings in Tesla were worth $31,910,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of TSLA. Brighton Jones LLC grew its position in shares of Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock valued at $35,509,000 after acquiring an additional 9,293 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Tesla by 21.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after acquiring an additional 931 shares during the period. Bison Wealth LLC grew its position in shares of Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after acquiring an additional 3,558 shares during the period. Sivia Capital Partners LLC grew its position in shares of Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock valued at $3,855,000 after acquiring an additional 1,011 shares during the period. Finally, AGP Franklin LLC grew its position in shares of Tesla by 21.2% in the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock valued at $1,544,000 after acquiring an additional 851 shares during the period. 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: Tesla is moving ahead with a $250 million investment in its Berlin Gigafactory, which could expand battery output, add jobs, and support future European production growth. Tesla to Invest $250 Million in Berlin Gigafactory
- Positive Sentiment: New Tesla-linked ETFs are being launched to provide weekly income while still retaining some upside exposure to TSLA, reflecting continued investor demand for the stock. These New Nvidia And Tesla ETFs Want To Deliver Weekly Income Without Fully Sacrificing Upside
- Neutral Sentiment: Elon Musk’s China trip kept Tesla in the spotlight, but the meeting produced no major breakthrough on Full Self-Driving approval or trade terms that investors were hoping for. Tesla Stock Slumps After Trump’s China Trip Ends Without “Material Agreements”
- Neutral Sentiment: Tesla is starting work on a Cybercab car wash in Nevada, signaling progress on robotaxi-related infrastructure, though the project is still early-stage. Tesla (TSLA) to Build Cybercab Car Wash in Nevada as Robotaxi Plans Take Shape
- Negative Sentiment: Robotaxi concerns are intensifying after reports of long wait times, navigation issues, and crashes, reinforcing doubts about Tesla’s timeline for autonomous driving monetization. Tesla robotaxi rollout features long wait times, safety concerns
- Negative Sentiment: An Australian judge sharply criticized Tesla in a class-action case, warning the company could have “a really bad time” if it does not cooperate on document production, adding legal overhang. Australian judge criticises Tesla for ‘gobsmacking’ slow progress in class action lawsuit
Insider Activity
Tesla Price Performance
Shares of Tesla stock opened at $422.24 on Friday. Tesla, Inc. has a twelve month low of $273.21 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 simple moving average of $386.41 and a two-hundred day simple moving average of $418.28. The stock has a market capitalization of $1.59 trillion, a price-to-earnings ratio of 387.38, a price-to-earnings-growth ratio of 16.65 and a beta of 1.79.
Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter in the previous year, the company earned $0.27 EPS. The business’s revenue was up 15.8% on a year-over-year basis. Analysts forecast that Tesla, Inc. will post 1.2 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on TSLA shares. Royal Bank Of Canada reissued a “buy” rating on shares of Tesla in a research report on Monday, April 27th. 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. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $510.00 target price on shares of Tesla in a report on Wednesday, April 22nd. China Renaissance reduced their target price on shares of Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a report on Monday, April 27th. Finally, Stifel Nicolaus set a $508.00 target price on shares of Tesla in a report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus target price of $395.20.
Read Our Latest Research Report on Tesla
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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