North Dakota State Investment Board Invests $43.39 Million in Tesla, Inc. $TSLA

North Dakota State Investment Board bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 96,475 shares of the electric vehicle producer’s stock, valued at approximately $43,387,000. Tesla makes up approximately 1.6% of North Dakota State Investment Board’s portfolio, making the stock its 12th biggest position.

Several other hedge funds have also modified their holdings of the company. Elyxium Wealth LLC boosted its stake in shares of Tesla by 5.8% during the 4th quarter. Elyxium Wealth LLC now owns 8,217 shares of the electric vehicle producer’s stock worth $3,695,000 after acquiring an additional 449 shares in the last quarter. Abacus Wealth Partners LLC boosted its stake in shares of Tesla by 275.8% during the 4th quarter. Abacus Wealth Partners LLC now owns 6,850 shares of the electric vehicle producer’s stock worth $3,081,000 after acquiring an additional 5,027 shares in the last quarter. L & S Advisors Inc boosted its stake in shares of Tesla by 7.7% during the 4th quarter. L & S Advisors Inc now owns 1,123 shares of the electric vehicle producer’s stock worth $505,000 after acquiring an additional 80 shares in the last quarter. Soltis Investment Advisors LLC boosted its stake in shares of Tesla by 1.0% during the 4th quarter. Soltis Investment Advisors LLC now owns 45,798 shares of the electric vehicle producer’s stock worth $20,596,000 after acquiring an additional 433 shares in the last quarter. Finally, Macroview Investment Management LLC purchased a new stake in shares of Tesla during the 4th quarter worth about $246,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is moving ahead with a $250 million investment in its Berlin Gigafactory, which could expand battery output, add jobs, and support future European production growth. Tesla to Invest $250 Million in Berlin Gigafactory
• Positive Sentiment: New Tesla-linked ETFs are being launched to provide weekly income while still retaining some upside exposure to TSLA, reflecting continued investor demand for the stock. These New Nvidia And Tesla ETFs Want To Deliver Weekly Income Without Fully Sacrificing Upside
• Neutral Sentiment: Elon Musk’s China trip kept Tesla in the spotlight, but the meeting produced no major breakthrough on Full Self-Driving approval or trade terms that investors were hoping for. Tesla Stock Slumps After Trump’s China Trip Ends Without “Material Agreements”
• Neutral Sentiment: Tesla is starting work on a Cybercab car wash in Nevada, signaling progress on robotaxi-related infrastructure, though the project is still early-stage. Tesla (TSLA) to Build Cybercab Car Wash in Nevada as Robotaxi Plans Take Shape
• Negative Sentiment: Robotaxi concerns are intensifying after reports of long wait times, navigation issues, and crashes, reinforcing doubts about Tesla’s timeline for autonomous driving monetization. Tesla robotaxi rollout features long wait times, safety concerns
• Negative Sentiment: An Australian judge sharply criticized Tesla in a class-action case, warning the company could have “a really bad time” if it does not cooperate on document production, adding legal overhang. Australian judge criticises Tesla for ‘gobsmacking’ slow progress in class action lawsuit

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Morgan Stanley set a $415.00 target price on shares of Tesla and gave the stock an “equal weight” rating in a research note on Thursday, January 29th. President Capital raised their price target on shares of Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Mizuho decreased their price target on shares of Tesla from $540.00 to $480.00 and set an “outperform” rating on the stock in a research note on Thursday, April 23rd. Stifel Nicolaus set a $508.00 price target on shares of Tesla in a research note on Thursday, January 29th. Finally, Jefferies Financial Group reaffirmed a “neutral” rating on shares of Tesla in a research note on Wednesday, April 22nd. Nineteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, Tesla presently has an average rating of “Hold” and a consensus target price of $395.20.

Tesla Price Performance

TSLA stock opened at $422.24 on Monday. The company has a market cap of $1.59 trillion, a price-to-earnings ratio of 387.38, a PEG ratio of 16.67 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. Tesla, Inc. has a 12 month low of $273.21 and a 12 month high of $498.83. The firm has a 50-day moving average of $386.41 and a two-hundred day moving average of $418.04.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion during 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%. Tesla’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 EPS. As a group, analysts forecast that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

Insider Transactions at Tesla

In other Tesla 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 sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the 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 sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 83,213 shares of company stock valued at $32,201,105. 19.90% of the stock is owned by insiders.

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.