Hartford Funds Management Co LLC Has $1.36 Million Stock Holdings in Tesla, Inc. $TSLA

Hartford Funds Management Co LLC raised its holdings in Tesla, Inc. (NASDAQ:TSLA) by 134.1% during the fourth quarter, HoldingsChannel reports. The firm owned 3,025 shares of the electric vehicle producer’s stock after acquiring an additional 1,733 shares during the quarter. Hartford Funds Management Co LLC’s holdings in Tesla were worth $1,361,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of TSLA. Brighton Jones LLC lifted its stake in shares of Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock valued at $35,509,000 after acquiring an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Tesla by 21.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after acquiring an additional 931 shares during the last quarter. Bison Wealth LLC lifted its stake in shares of Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after acquiring an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock valued at $3,855,000 after acquiring an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC lifted its stake in shares of Tesla by 21.2% in the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock valued at $1,544,000 after acquiring an additional 851 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla Stock Performance

Shares of Tesla stock opened at $409.99 on Tuesday. 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 business has a 50-day moving average price of $386.50 and a two-hundred day moving average price of $417.68. Tesla, Inc. has a 1-year low of $273.21 and a 1-year high of $498.83. The company has a market cap of $1.54 trillion, a P/E ratio of 376.14, a PEG ratio of 16.67 and a beta of 1.79.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $22.96 billion. During the same period last year, the business posted $0.27 EPS. The business’s revenue was up 15.8% compared to the same quarter last year. As a group, analysts anticipate that Tesla, Inc. will post 1.2 EPS for the current year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla raised Model Y prices in the U.S. for the first time since 2024, which could signal improving pricing power and help support margins if demand holds up. Article Title
• Positive Sentiment: Elon Musk continues to promote Tesla’s autonomy push, saying unsupervised self-driving and robotaxi service could become more widespread later this year, reinforcing the long-term bull case tied to software and AI. Article Title
• Positive Sentiment: XPeng’s robotaxi launch was viewed by some analysts as indirect validation of Tesla’s self-driving strategy, keeping attention on Tesla’s lead in autonomous vehicle development. Article Title
• Neutral Sentiment: Tesla’s $250 million battery expansion in Germany supports its European growth strategy, but the added capital spending also raises the bar for near-term payoff. Article Title
• Negative Sentiment: A court setback for Musk’s OpenAI-related lawsuit adds another headline risk around the CEO’s broader distraction and litigation overhang. Article Title
• Negative Sentiment: Multiple reports said Tesla stock weakened after the Model Y price hike and a separate lawsuit over Full Self-Driving promises succeeded, suggesting investors remain skeptical of Tesla’s near-term fundamentals and autonomy claims. Article Title
• Negative Sentiment: Several articles pointed to mounting scrutiny over robotaxi safety, reported crashes, and growing legal/regulatory pressure, which could weigh on confidence in Tesla’s autonomy timeline. Article Title
• Negative Sentiment: Hedge fund filings showed notable reductions in Tesla holdings by some managers, and one report warned that a potential SpaceX IPO could pull retail attention and capital away from TSLA. Article Title

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TSLA shares. BNP Paribas Exane upgraded Tesla from an “underperform” rating to a “neutral” rating in a research note on Monday, April 27th. UBS Group increased their price target on Tesla from $352.00 to $364.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. China Renaissance dropped their price target on Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a research note on Monday, April 27th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $510.00 price target on shares of Tesla in a research note on Wednesday, April 22nd. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Nineteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $395.20.

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 stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 83,213 shares of company stock valued at $32,201,105. Company insiders own 19.90% of the company’s stock.

Tesla Company 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.