NewEdge Wealth LLC Has $35.70 Million Stock Holdings in Tesla, Inc. $TSLA

NewEdge Wealth LLC boosted its position in Tesla, Inc. (NASDAQ:TSLA) by 38.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 79,372 shares of the electric vehicle producer’s stock after purchasing an additional 21,845 shares during the period. NewEdge Wealth LLC’s holdings in Tesla were worth $35,695,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Networth Advisors LLC acquired a new stake in shares of Tesla in the fourth quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new position in shares of Tesla during the 2nd quarter worth approximately $26,000. Davidson Capital Management Inc. raised its stake in Tesla by 79.4% in the 4th 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 during the period. Manning & Napier Advisors LLC bought a new stake in Tesla in the 3rd quarter valued at $29,000. Finally, Prism Advisors Inc. acquired a new stake in Tesla during the 4th quarter valued at $30,000. Institutional investors own 66.20% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s China-made EV sales rose 36% in April, extending a six-month rebound and easing concerns about weakening demand in one of its key markets. Reuters: Tesla’s China-made EV sales rise 36% in April, year-on-year
• Positive Sentiment: Tesla landed a record $100 million deal for 370 Semi trucks, signaling real commercial demand for the company’s truck platform. Zacks: Tesla Lands Record $100M Deal for 370 Semi Trucks in California
• Positive Sentiment: The 2026 Model Y passed new U.S. driver-assistance system tests, reinforcing Tesla’s autonomy and safety story. Reuters: Tesla Model Y is first vehicle to pass new US driver assistance system tests
• Neutral Sentiment: Tesla filed a new Roadster trademark, adding to speculation around a long-awaited future product reveal. Business Insider: Tesla filed a trademark for a new Roadster logo ahead of the EV’s long-awaited reveal
• Neutral Sentiment: Analysts trimmed some Tesla earnings estimates, but the changes were modest and did not materially alter near-term expectations. MarketBeat Tesla coverage
• Negative Sentiment: Tesla is still facing a large recall tied to rearview camera image delays, which could raise quality concerns even if investors are currently looking past it. Fox Business: Tesla recalls more than 218K vehicles over rearview image issue that poses crash risk

Wall Street Analysts Forecast Growth

Several equities analysts have commented on TSLA shares. Glj Research reiterated a “sell” rating on shares of Tesla in a report on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a report on Friday, April 24th. Phillip Securities increased their price target on shares of Tesla from $215.00 to $220.00 and gave the company a “sell” rating in a report on Monday, April 27th. Benchmark restated a “buy” rating on shares of Tesla in a research report on Wednesday, February 11th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $364.00 target price (up from $352.00) on shares of Tesla in a research report on Thursday, April 23rd. Nineteen research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, Tesla presently has an average rating of “Hold” and a consensus target price of $398.42.

Insider Activity

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,264 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 80,213 shares of company stock worth $30,851,105 over the last ninety days. 19.90% of the stock is currently owned by insiders.

Tesla Stock Performance

NASDAQ TSLA opened at $428.35 on Friday. Tesla, Inc. has a 1 year low of $273.21 and a 1 year high of $498.83. The firm has a market capitalization of $1.61 trillion, a price-to-earnings ratio of 392.98, a P/E/G ratio of 16.31 and a beta of 1.79. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The firm’s 50 day simple moving average is $382.66 and its 200 day simple moving average is $418.37.

Tesla (NASDAQ:TSLA) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter last year, the business posted $0.27 EPS. The company’s revenue was up 15.8% compared to the same quarter last year. As a group, research analysts expect that Tesla, Inc. will post 1.25 earnings per share for the current fiscal year.

Tesla 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.