Sumitomo Mitsui DS Asset Management Company Ltd Buys 2,222 Shares of Tesla, Inc. $TSLA

Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Tesla, Inc. (NASDAQ:TSLA) by 0.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 388,191 shares of the electric vehicle producer’s stock after acquiring an additional 2,222 shares during the quarter. Tesla makes up approximately 1.4% of Sumitomo Mitsui DS Asset Management Company Ltd’s investment portfolio, making the stock its 12th largest position. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Tesla were worth $174,577,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TSLA. Narwhal Capital Management increased its position in Tesla by 32.8% during the 3rd quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock valued at $4,232,000 after purchasing an additional 2,350 shares during the period. Gamco Investors INC. ET AL increased its position in Tesla by 29.6% during the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock valued at $14,487,000 after purchasing an additional 7,446 shares during the period. Calamos Wealth Management LLC increased its position in Tesla by 5.9% during the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock valued at $18,846,000 after purchasing an additional 2,341 shares during the period. China Universal Asset Management Co. Ltd. increased its position in Tesla by 8.8% during the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock valued at $21,571,000 after purchasing an additional 3,935 shares during the period. Finally, Ashton Thomas Private Wealth LLC increased its position in Tesla by 26.0% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock valued at $8,019,000 after purchasing an additional 3,724 shares during the period. Institutional investors own 66.20% of the company’s stock.

Tesla Stock Performance

NASDAQ TSLA opened at $389.41 on Wednesday. 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 company has a fifty day simple moving average of $382.65 and a 200 day simple moving average of $418.78. Tesla, Inc. has a 12-month low of $271.00 and a 12-month high of $498.83. The company has a market cap of $1.46 trillion, a P/E ratio of 357.26, a PEG ratio of 14.94 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, beating the consensus estimate of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. During the same period last year, the business earned $0.27 EPS. The business’s revenue was up 15.8% on a year-over-year basis. Sell-side analysts predict that Tesla, Inc. will post 1.25 earnings per share for the current fiscal year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Large commercial order: WattEV awarded 370 Tesla Semis for a California freight network — a material fleet deployment that validates Semi demand and supports recurring charging/maintenance revenue assumptions. WattEV to deploy 370 Tesla Semis, launching largest electric-freight network connecting Northern and Central California
• Positive Sentiment: European recovery pockets: registrations rose sharply in Sweden, France, Denmark and the Netherlands in April, helping the revenue outlook outside the U.S. Tesla’s European rebound continues in April despite decline in Norway and Spain
• Positive Sentiment: Brand loyalty remains strong in the U.S., supporting repeat demand and aftermarket/service revenue stability. Tesla Brand Recovery? New Survey Shows EV Giant Top Rating For US Loyalty – Palihapitiya Says ‘Once You Drive A Tesla…’
• Neutral Sentiment: FSD approval process — mixed implications: Netherlands clearance and interest from Belgium/Flanders broaden the addressable market for supervised FSD, but EU hearings and national caution mean rollout timing and scope remain uncertain. European FSD Decisions Test Tesla Valuation And Software Growth Hopes
• Neutral Sentiment: Symbolic FSD/drive‑mile milestones and PR wins keep the AI/autonomy narrative alive, but regulators and mapping/edge‑case work mean milestones don’t translate to immediate revenue. Tesla just hit a ‘symbolic’ self-driving milestone. Real-world success will be tougher.
• Neutral Sentiment: High‑profile legal/news items and AI narrative overlap (e.g., OpenAI/Musk trial references) may influence sentiment around Musk/leadership but are not direct operational drivers for Tesla today. OpenAI trial: Brockman rebuts Musk’s take on startup’s history, recounts secret work for Tesla
• Negative Sentiment: Insider selling: a Tesla director executed sizable, pre‑arranged sales (~26k shares), which can weigh on near‑term sentiment even if under a 10b5‑1 plan. Insider sale SEC filing
• Negative Sentiment: Cash flow and spending risk: analysts note Tesla’s free cash flow turned negative as the company ramps investment in FSD, robotics and energy — increasing near‑term margin and FCF pressure. Tesla’s Free Cash Flow Goes Negative as It Doubles Down on FSD, Robotics, and Energy
• Negative Sentiment: Product and governance questions: reports showing weak public Cybertruck sales (and a notable share delivered to Musk‑related companies) add demand visibility concerns and potential governance scrutiny. How many Cybertrucks has Tesla sold to the public? Fewer than you might think
• Negative Sentiment: EU regulator skepticism: internal records show some European regulators remain skeptical of Tesla’s automated‑driving safety claims, raising the risk of tighter oversight or limits on FSD features in key markets. Tesla faces EU skepticism over automated-driving tech, records show

Insider Buying and Selling at Tesla

In other Tesla 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 transaction of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction on 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 transaction, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 80,213 shares of company stock worth $30,851,105. Company insiders own 19.90% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on TSLA. Mizuho decreased their target price on shares of Tesla from $540.00 to $480.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Tesla in a research report on Monday, April 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $510.00 price objective on shares of Tesla in a research report on Wednesday, April 22nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Finally, BNP Paribas Exane raised shares of Tesla from an “underperform” rating to a “neutral” rating in a research report on Monday, April 27th. Nineteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $398.42.

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.