Bessemer Group Inc. Increases Stake in Tesla, Inc. $TSLA

Bessemer Group Inc. boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 5.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 45,493 shares of the electric vehicle producer’s stock after purchasing an additional 2,224 shares during the quarter. Bessemer Group Inc.’s holdings in Tesla were worth $20,460,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. AustralianSuper Pty Ltd grew its position in Tesla by 6,175.9% during the 4th quarter. AustralianSuper Pty Ltd now owns 182,504 shares of the electric vehicle producer’s stock valued at $82,076,000 after purchasing an additional 179,596 shares during the last quarter. Thrivent Financial for Lutherans grew its position in Tesla by 4.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,382,518 shares of the electric vehicle producer’s stock valued at $621,959,000 after purchasing an additional 58,347 shares during the last quarter. AM Investment Strategies LLC lifted its stake in Tesla by 1.2% during the 4th quarter. AM Investment Strategies LLC now owns 50,825 shares of the electric vehicle producer’s stock valued at $22,857,000 after acquiring an additional 604 shares during the period. Triton Wealth Management PLLC lifted its stake in Tesla by 4.8% during the 4th quarter. Triton Wealth Management PLLC now owns 11,523 shares of the electric vehicle producer’s stock valued at $4,811,000 after acquiring an additional 524 shares during the period. Finally, Trevian Wealth Management LLC lifted its stake in Tesla by 37.1% during the 4th quarter. Trevian Wealth Management LLC now owns 1,693 shares of the electric vehicle producer’s stock valued at $761,000 after acquiring an additional 458 shares during the period. 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

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Stifel Nicolaus set a $508.00 target price on shares of Tesla in a research note on Thursday, January 29th. Jefferies Financial Group restated a “neutral” rating on shares of Tesla in a research note on Wednesday, April 22nd. Zacks Research upgraded shares of Tesla from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Barclays restated a “neutral” rating on shares of Tesla in a research note on Wednesday. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $510.00 target price on shares of Tesla in a research note on Wednesday, April 22nd. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat, Tesla has an average rating of “Hold” and an average price target of $395.20.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This represents a 14.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the transaction, the director owned 48,399 shares in the company, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 83,213 shares of company stock worth $32,201,105 in the last quarter. Company insiders own 19.90% of the company’s stock.

Tesla Price Performance

Shares of NASDAQ:TSLA opened at $422.24 on Friday. The firm’s 50 day moving average price is $386.41 and its 200-day moving average price is $418.28. Tesla, Inc. has a twelve month low of $273.21 and a twelve month high of $498.83. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $1.59 trillion, a PE ratio of 387.38, a price-to-earnings-growth ratio of 16.65 and a beta of 1.79.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter in the prior year, the business earned $0.27 EPS. The business’s quarterly revenue was up 15.8% on a year-over-year basis. Equities research analysts expect that Tesla, Inc. will post 1.2 EPS for the current 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.