Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Tesla, Inc. (NASDAQ:TSLA). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $15,001 and $50,000 in Tesla stock on March 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
- Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.
Tesla Trading Down 0.4%
TSLA stock traded down $1.30 during midday trading on Thursday, hitting $341.95. The stock had a trading volume of 20,898,734 shares, compared to its average volume of 61,941,918. The company’s 50-day moving average price is $395.97 and its 200 day moving average price is $425.97. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The firm has a market cap of $1.28 trillion, a PE ratio of 316.35, a price-to-earnings-growth ratio of 10.69 and a beta of 1.91. Tesla, Inc. has a 12-month low of $222.79 and a 12-month high of $498.83.
Key Stories Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Cathie Wood/ARK is buying heavily, signaling conviction from a large institutional growth investor; ARK disclosed ~\$27.8M–\$28M of fresh TSLA buys this week. Cathie Wood Doubles Down on Tesla (TSLA) with $27.8M Weekly Investment
- Positive Sentiment: Reuters reports Tesla is developing a smaller, cheaper electric SUV — a credible long‑term revenue catalyst if it helps restore volume and margins in a slowing EV market. Exclusive: Tesla is developing a new smaller, cheaper EV, sources say
- Positive Sentiment: Chip supply/backing for Tesla’s AI efforts looks stronger after coverage of the Terafab initiative (Intel + Musk companies), which reduces a key execution risk for autonomy/AI compute. Tesla’s Terafab AI Chip Push Meets Easing Autonomy Regulatory Pressure
- Neutral Sentiment: Mixed analyst views and retail buying activity create two‑way flow—some firms see upside at current levels while others warn of large downside, keeping volatility high. Mixed Analyst Sentiment on Tesla (TSLA) Amid Valuation Concerns
- Negative Sentiment: Tesla missed Q1 delivery expectations (358,023 vs. ~365,600 consensus), renewing demand concerns that pressured the stock and raise near‑term revenue risk. Tesla Missed Q1 Delivery Expectations. Can TSLA Stock Survive Yet Another Blow?
- Negative Sentiment: Major sellside warnings and downgrades persist: JPMorgan and other analysts flag inventory buildup and project steep downside scenarios (JPMorgan’s commentary/targets cited). That analyst pressure is driving headline risk and selling. JPMorgan Is Still Betting That Tesla Stock Will Plunge 60% from Here
- Negative Sentiment: Some boutique bears (GLJ Research) reiterated extreme sell calls and very low price targets, which can amplify downside if momentum traders follow. ‘Time to Re-rate Fundamentals’ — GLJ Research Says Sell TSLA as Options Tailwind Fades
- Negative Sentiment: Analyst/market commentary points to a potential free‑cash‑flow swing and energy‑segment weakness, which could pressure valuation if the company’s growth story stalls. Tesla Faces $43.9 Billion Free Cash Flow Swing As 2026 Outlook Turns Negative
Analysts Set New Price Targets
Several research analysts have weighed in on TSLA shares. TD Cowen boosted their price target on Tesla from $509.00 to $519.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Wells Fargo & Company cut their price target on Tesla from $130.00 to $125.00 and set an “underweight” rating for the company in a report on Thursday, January 29th. Morgan Stanley set a $415.00 price target on Tesla and gave the company an “equal weight” rating in a report on Thursday, January 29th. Robert W. Baird cut their price target on Tesla from $548.00 to $538.00 and set an “outperform” rating for the company in a report on Thursday, April 2nd. Finally, Mizuho set a $540.00 price target on Tesla and gave the company an “outperform” rating in a report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tesla currently has an average rating of “Hold” and an average target price of $400.01.
Check Out Our Latest Stock Analysis on TSLA
Hedge Funds Weigh In On Tesla
A number of hedge funds have recently made changes to their positions in TSLA. Norges Bank purchased a new position in shares of Tesla in the 4th quarter valued at $17,128,100,000. Corient Private Wealth LLC raised its stake in shares of Tesla by 3,205.5% in the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after acquiring an additional 20,810,386 shares during the period. Bank of America Corp DE raised its stake in shares of Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after acquiring an additional 7,450,766 shares during the period. Cardano Risk Management B.V. grew its holdings in Tesla by 882.8% during the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock valued at $3,688,630,000 after purchasing an additional 7,367,507 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after purchasing an additional 6,538,720 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Insiders Place Their Bets
In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of the firm’s stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the sale, the director directly owned 33,860 shares of the company’s stock, valued at approximately $12,166,913.80. This trade represents a 43.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the firm’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 sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 53,804 shares of company stock valued at $20,865,598. Company insiders own 19.90% of the company’s stock.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Tesla
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.
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