Dorsey & Whitney Trust CO LLC Raises Stake in Tesla, Inc. $TSLA

Dorsey & Whitney Trust CO LLC boosted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 8.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 22,432 shares of the electric vehicle producer’s stock after purchasing an additional 1,809 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Tesla were worth $10,088,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Networth Advisors LLC purchased a new stake in shares of Tesla in the fourth quarter valued at about $26,000. Davidson Capital Management Inc. boosted its holdings in shares of Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after acquiring an additional 27 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in shares of Tesla in the third quarter valued at about $30,000. Prism Advisors Inc. purchased a new stake in shares of Tesla in the fourth quarter valued at about $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in shares of Tesla in the third quarter valued at about $31,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Analysts at Piper Sandler and JPMorgan turned more bullish on Tesla, citing stronger-than-expected potential in autonomy, robotics, energy storage, and “physical AI,” with some raising price targets sharply. Article Title
• Positive Sentiment: Multiple reports said Tesla’s Full Self-Driving narrative is gaining credibility, including Dutch safety data showing far fewer crashes and news that Belgium approved FSD software use. Article Title
• Positive Sentiment: Tesla also received support from reports of continued robotaxi rollout in Austin and renewed optimism around Optimus and other AI-driven projects, reinforcing the view that the stock’s upside may come more from software and autonomy than car sales alone. Article Title
• Positive Sentiment: Tesla’s China sales reportedly rebounded in May, with retail deliveries up 22.5% year over year and exports from Shanghai improving, easing some demand concerns. Article Title
• Neutral Sentiment: There was also chatter around a possible SpaceX IPO and broader Elon Musk ecosystem speculation, which has boosted sentiment at times but remains largely a narrative-driven factor rather than a direct Tesla operating update. Article Title
• Neutral Sentiment: Tesla CFO Vaibhav Taneja sold shares to cover tax withholding on vested awards, which is routine insider activity and not necessarily a negative fundamental signal. Article Title
• Negative Sentiment: Broader market weakness tied to Middle East tensions, inflation worries, and a tech selloff pressured Tesla along with other high-multiple growth stocks. Article Title
• Negative Sentiment: Competition remains intense, with BYD accelerating charger and product investments and Rivian launching lower-priced EVs, keeping pressure on Tesla’s pricing and market share outlook. Article Title
• Negative Sentiment: Investors also remain cautious about Tesla’s premium valuation and repeated headlines around Musk’s SpaceX plans and merger speculation, which can distract from near-term execution and add volatility. Article Title

Tesla Stock Down 3.8%

TSLA stock opened at $381.59 on Thursday. The company has a market cap of $1.43 trillion, a P/E ratio of 350.08, a P/E/G ratio of 15.83 and a beta of 1.80. Tesla, Inc. has a 52 week low of $288.77 and a 52 week high of $498.83. The company’s 50-day moving average price is $397.29 and its 200 day moving average price is $416.02. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $22.39 billion for 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%. The firm’s revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.27 earnings per share. On average, research analysts expect that Tesla, Inc. will post 1.19 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on TSLA shares. DZ Bank raised shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 target price on the stock in a report on Friday, April 24th. Tigress Financial started coverage on shares of Tesla in a report on Monday, April 27th. They issued a “buy” rating on the stock. Robert W. Baird lowered their target price on shares of Tesla from $538.00 to $522.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. HSBC started coverage on shares of Tesla in a report on Monday, April 27th. They issued a “buy” rating on the stock. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Tesla in a report on Monday, June 1st. Twenty-two analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $404.37.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 57,824 shares of company stock valued at $21,657,588. 19.90% of the stock is currently owned by company insiders.

Tesla Company 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.