Formidable Asset Management LLC increased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 8.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,180 shares of the electric vehicle producer’s stock after buying an additional 1,522 shares during the quarter. Tesla accounts for approximately 1.2% of Formidable Asset Management LLC’s holdings, making the stock its 11th largest holding. Formidable Asset Management LLC’s holdings in Tesla were worth $8,530,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Tesla by 0.4% during the third quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer’s stock worth $112,241,237,000 after purchasing an additional 995,623 shares during the period. State Street Corp grew its position in shares of Tesla by 0.3% in the 3rd quarter. State Street Corp now owns 113,762,849 shares of the electric vehicle producer’s stock valued at $50,592,614,000 after purchasing an additional 344,162 shares during the period. Capital World Investors increased its stake in Tesla by 5.8% during the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after purchasing an additional 2,403,019 shares in the last quarter. Amundi raised its holdings in 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 buying an additional 3,422,270 shares during the period. Finally, Jennison Associates LLC lifted its stake in Tesla by 38.3% in the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock valued at $4,851,747,000 after buying an additional 3,021,550 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors.
Tesla Price Performance
Shares of NASDAQ TSLA opened at $360.59 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The business has a 50-day moving average of $402.83 and a 200-day moving average of $427.85. The stock has a market capitalization of $1.35 trillion, a price-to-earnings ratio of 333.88, a PEG ratio of 11.31 and a beta of 1.91. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the stock. TD Cowen increased their price objective on shares of Tesla from $509.00 to $519.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a research report on Tuesday, January 27th. China Renaissance increased their target price on Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. Royal Bank Of Canada reissued a “buy” rating on shares of Tesla in a research note on Thursday, March 26th. Finally, Wells Fargo & Company cut their price target on Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $403.98.
Check Out Our Latest Stock Analysis on TSLA
Insider Buying and Selling at Tesla
In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the transaction, the director directly owned 33,860 shares of the company’s stock, valued at approximately $12,166,913.80. This trade represents a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 53,804 shares of company stock valued at $20,865,598 over the last three months. 19.90% of the stock is owned by company insiders.
Tesla News Roundup
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: China sales picked up in March, with China‑made EV shipments up ~8.7% year‑over‑year — a sign demand in Tesla’s largest market is recovering. Tesla’s China-made EV sales rise 8.7% in March — Reuters
- Positive Sentiment: European registrations (France and parts of Nordics) showed sharp month‑to‑month gains, signaling a regional recovery that could help offset weakness elsewhere. Tesla French car registrations triple in March — Reuters
- Positive Sentiment: Tesla reported continued growth in energy storage deployments (company release: 8.8 GWh in Q1), which supports diversification beyond cars. Tesla First Quarter 2026 Production, Deliveries & Deployments — BusinessWire
- Neutral Sentiment: Speculation about SpaceX’s IPO and possible cross‑company collaboration (or even merger chatter) is resurfacing; this is more sentiment/ narrative‑driven than a near‑term catalyst. Valuation to the Moon? SpaceX Gears Up for IPO — MarketBeat
- Neutral Sentiment: Software/AI upside still in play: FSD v14.3 is in employee beta with hints of a broader rollout — a potential future revenue/ROI driver if safety and monetization progress. Is Tesla’s FSD v14.3 Ready for a Wider Rollout? — Zacks
- Negative Sentiment: Q1 vehicle deliveries missed Wall Street estimates — Tesla delivered 358,023 vehicles vs. higher Street expectations — the primary reason shares sold off today. Tesla’s first-quarter deliveries miss estimates — Reuters
- Negative Sentiment: Production outpaced deliveries (≈408k produced vs. 358k delivered), pointing to inventory build and weaker near‑term demand — investors worry about markdowns, margin pressure and an uneven sales recovery. Tesla production vs deliveries — BusinessWire
- Negative Sentiment: Analyst reactions and downgrades (includingcuts and “sell” reiterations) have increased near‑term downside risk as estimates are trimmed. GLJ reiterates Sell on Tesla — AmericanBankingNews
- Negative Sentiment: Competitive pressure is intensifying (BYD and other rivals ramping exports and growth), eroding pricing power and market share in key regions. BYD nearly matches Tesla’s exports — Benzinga
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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