Maryland State Retirement & Pension System Acquires 3,559 Shares of Tesla, Inc. $TSLA

Maryland State Retirement & Pension System raised its holdings in Tesla, Inc. (NASDAQ:TSLA) by 2.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,977 shares of the electric vehicle producer’s stock after purchasing an additional 3,559 shares during the quarter. Tesla accounts for 1.3% of Maryland State Retirement & Pension System’s investment portfolio, making the stock its 12th largest position. Maryland State Retirement & Pension System’s holdings in Tesla were worth $62,251,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Norges Bank purchased a new stake in Tesla during the second quarter worth about $11,839,824,000. Vanguard Group Inc. grew its position in shares of Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after acquiring an additional 4,502,976 shares during the period. Amundi increased its stake in shares of Tesla by 20.4% during the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after purchasing an additional 3,422,270 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock worth $20,480,477,000 after purchasing an additional 1,269,304 shares during the period. Finally, Legal & General Group Plc lifted its stake in Tesla by 5.9% in the second quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock valued at $6,424,705,000 after purchasing an additional 1,134,678 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors.

Tesla Price Performance

TSLA stock opened at $437.50 on Tuesday. The firm has a 50 day moving average of $443.36 and a 200-day moving average of $400.89. The firm has a market capitalization of $1.46 trillion, a P/E ratio of 291.67, a price-to-earnings-growth ratio of 7.44 and a beta of 1.83. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07.

Tesla (NASDAQ:TSLA) last posted its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $24.98 billion. During the same period in the prior year, the company posted $0.72 EPS. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. As a group, sell-side analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Tesla news, Director James R. Murdoch sold 60,000 shares of the firm’s stock in a transaction dated 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 sale, the director owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the sale, the director owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 119,457 shares of company stock worth $53,501,145. Corporate insiders own 19.90% of the company’s stock.

Analyst Ratings Changes

TSLA has been the topic of several research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research note on Thursday, October 30th. Bank of America boosted their price objective on Tesla from $341.00 to $471.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. DZ Bank reiterated a “sell” rating on shares of Tesla in a research report on Tuesday, January 6th. Industrial Alliance Securities set a $300.00 price target on shares of Tesla in a research report on Monday, October 13th. Finally, Truist Financial cut their price objective on shares of Tesla from $444.00 to $439.00 and set a “hold” rating for the company in a report on Friday, January 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $410.20.

Tesla News Roundup

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

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.