VIRGINIA RETIREMENT SYSTEMS ET Al Increases Stake in Tesla, Inc. $TSLA

VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 5.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 351,931 shares of the electric vehicle producer’s stock after purchasing an additional 17,000 shares during the period. Tesla accounts for about 0.9% of VIRGINIA RETIREMENT SYSTEMS ET Al’s investment portfolio, making the stock its 11th biggest holding. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Tesla were worth $158,270,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Boyd Watterson Asset Management LLC OH increased its stake in Tesla by 3.4% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,410 shares of the electric vehicle producer’s stock worth $634,000 after buying an additional 47 shares during the period. Opinicus Capital Inc. increased its stake in Tesla by 4.9% during the 4th quarter. Opinicus Capital Inc. now owns 2,385 shares of the electric vehicle producer’s stock worth $1,073,000 after buying an additional 111 shares during the period. Northeast Investment Management increased its stake in Tesla by 2.6% during the 4th quarter. Northeast Investment Management now owns 23,740 shares of the electric vehicle producer’s stock worth $10,676,000 after buying an additional 598 shares during the period. Argos Wealth Advisors LLC purchased a new stake in Tesla during the 4th quarter worth approximately $693,000. Finally, Continuum Wealth Advisors LLC purchased a new stake in Tesla during the 4th quarter worth approximately $280,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla continues to benefit from bullish Wall Street commentary tied to its AI, Optimus, and robotaxi ambitions, with some analysts arguing those future businesses are not fully reflected in the current valuation.
• Positive Sentiment: The company announced a $250 million investment to expand battery cell production at its German factory, which should help support European output and signal continued capital commitment to growth. Reuters: Tesla to invest $250 million in battery plant outside Berlin
• Positive Sentiment: Tesla’s Cybercab being spotted in Miami and comments from Florida Gov. Ron DeSantis added visibility to the company’s robotaxi push, reinforcing investor enthusiasm around autonomy. Yahoo Finance: Ron DeSantis Shares Tesla Cybercab Spotting In Miami
• Neutral Sentiment: Some articles highlighted conflicting analyst views, with bullish targets near $500 but bearish calls much lower, underscoring how divided the market remains on TSLA’s long-term earnings power. TipRanks: Tesla Stock Forecast
• Neutral Sentiment: Reports of continued valuation debate and rising AI-linked narratives suggest investors are trading Tesla more as an autonomy/robotics story than a pure EV manufacturer.
• Negative Sentiment: Tesla’s April retail sales fell in China, causing it to drop out of the country’s top 10 EV makers, raising concerns about demand momentum in a key market. Benzinga: Tesla Launches Affordable Financing Plan After Dropping Out Of China’s Top EV 10 Makers
• Negative Sentiment: New reports pointed to issues in Tesla’s Texas robotaxi rollout, including long wait times and routing mistakes, which could pressure confidence in its autonomy narrative. Reuters: Tesla’s robotaxi rollout features Texas-sized wait times
• Negative Sentiment: A Cybertruck recall and broader quality-control concerns are also weighing on sentiment, even though the direct financial impact appears limited.
• Negative Sentiment: Several reports noted that Tesla stock had pulled back as investors rotated out of high-growth tech after a hotter-than-expected inflation reading, adding macro pressure to the name.

Tesla Stock Down 2.6%

Shares of NASDAQ:TSLA opened at $433.45 on Wednesday. The stock has a market cap of $1.63 trillion, a P/E ratio of 397.66, a P/E/G ratio of 17.17 and a beta of 1.79. The firm has a fifty day moving average price of $384.23 and a 200 day moving average price of $418.21. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. Tesla, Inc. has a 1-year low of $273.21 and a 1-year high of $498.83.

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. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.27 EPS. Sell-side analysts predict that Tesla, Inc. will post 1.23 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on TSLA. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Tesla in a report on Monday, April 27th. Zacks Research upgraded shares of Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a report on Friday, April 24th. Wedbush reiterated an “outperform” rating and set a $600.00 price target on shares of Tesla in a report on Tuesday, April 21st. Finally, Phillip Securities boosted their price target on shares of Tesla from $215.00 to $220.00 and gave the stock a “sell” rating in a report on Monday, April 27th. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus target price of $398.42.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction 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 transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction 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 transaction, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 80,213 shares of company stock valued at $30,851,105. 19.90% of the stock is owned by company insiders.

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.