California Public Employees Retirement System Boosts Stock Position in Tesla, Inc. $TSLA

California Public Employees Retirement System raised its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 2.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,212,573 shares of the electric vehicle producer’s stock after buying an additional 143,827 shares during the quarter. Tesla comprises about 1.4% of California Public Employees Retirement System’s investment portfolio, making the stock its 11th biggest holding. California Public Employees Retirement System owned about 0.16% of Tesla worth $2,318,135,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in TSLA. Chapman Financial Group LLC purchased a new position in shares of Tesla in the 2nd quarter worth about $26,000. Manning & Napier Advisors LLC bought a new position in Tesla in the 3rd quarter worth about $29,000. CoreFirst Bank & Trust purchased a new stake in Tesla during the 2nd quarter valued at about $30,000. Texas Capital Bancshares Inc TX bought a new stake in Tesla during the 3rd quarter valued at about $31,000. Finally, ESL Trust Services LLC increased its stake in Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after purchasing an additional 95 shares in the last quarter. 66.20% of the stock is owned by institutional investors.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China-made EV deliveries jumped sharply, signaling a possible demand rebound in Tesla’s largest growth market — a near-term tailwind for revenue and utilization at Giga Shanghai. Tesla’s China-Made EV Sales Just Nearly Doubled
• Positive Sentiment: The UK regulator granted Tesla Energy Ventures a licence to sell electricity to households and businesses in Great Britain — expanding a recurring‑revenue energy business that diversifies Tesla beyond vehicle sales. Tesla’s energy business wins approval to supply electricity in UK
• Positive Sentiment: FTC approval allows Tesla to convert its xAI investment into a small stake in SpaceX — a potential way to capture upside from a future SpaceX IPO and recycle capital toward core Tesla initiatives. Tesla Approved To Convert xAI Stakes Into SpaceX
• Neutral Sentiment: Elon Musk’s Macrohard AI initiative and Tesla’s increasing software focus could unlock high-margin services (robotaxi/agent revenue) but are unproven at scale and are already commanding more investor attention than monthly delivery data. Tesla Turns into A ‘Software-Killer’ With Macrohard
• Neutral Sentiment: Management says Optimus 3 will be released on an annual design cadence; robotics/Optimus progress is a medium‑term upside but execution timelines remain a major source of uncertainty. This Is Elon Musk’s Latest Optimus 3 Production Timeline
• Negative Sentiment: Rivian’s R2 launch and mass-market push create renewed competitive pressure in the midsize SUV segment — a near-term risk to Tesla’s Model Y pricing and volume if Rivian executes on a lower‑priced, high‑volume ramp. Rivian Is About to Challenge Tesla Where It Hurts Most
• Negative Sentiment: Analyst and safety concerns: third‑party FSD metrics and at least one firm’s negative coverage highlight deteriorating disengagement/safety data — a material regulatory and litigation risk that can depress multiples and slow robotaxi commercialization. Tesla’s FSD Safety Metrics ‘Sharply Deteriorating,’ Says Analyst
• Negative Sentiment: xAI leadership churn and reported layoffs raise governance and execution questions around Tesla’s broader AI strategy — investors may penalize near-term stock performance until the AI/robotics roadmap shows consistent progress. Musk ousts more xAI founders as AI coding effort falters, FT reports

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,264 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. This trade represents a 11.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of Tesla stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total value of $10,692,774.36. Following the completion of the sale, the director directly owned 19,669 shares of the company’s stock, valued at $8,173,649.64. The trade was a 56.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 87,995 shares of company stock valued at $38,315,650 in the last ninety days. 19.90% of the stock is currently owned by company insiders.

Tesla Stock Down 1.0%

TSLA opened at $391.20 on Friday. The stock has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 362.22, a PEG ratio of 11.57 and a beta of 1.89. The firm has a 50 day moving average price of $419.98 and a 200-day moving average price of $425.48. Tesla, Inc. has a twelve month low of $214.25 and a twelve 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.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. During the same quarter last year, the company posted $0.73 earnings per share. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. Equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TSLA. Stifel Nicolaus set a $508.00 target price on shares of Tesla in a research note on Thursday, January 29th. Mizuho set a $540.00 price target on shares of Tesla and gave the company an “outperform” rating in a research report on Thursday, January 29th. Tigress Financial started coverage on shares of Tesla in a report on Thursday, February 12th. They issued a “buy” rating and a $550.00 price objective for the company. Barclays reaffirmed a “neutral” rating on shares of Tesla in a research report on Wednesday, March 4th. Finally, Phillip Securities reduced their target price on Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a report on Monday, February 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus price target of $406.84.

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.