Harvest Portfolios Group Inc. Raises Stock Holdings in Tesla, Inc. $TSLA

Harvest Portfolios Group Inc. raised its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 8.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 530,521 shares of the electric vehicle producer’s stock after acquiring an additional 39,325 shares during the period. Tesla comprises approximately 4.1% of Harvest Portfolios Group Inc.’s portfolio, making the stock its 4th biggest holding. Harvest Portfolios Group Inc.’s holdings in Tesla were worth $238,586,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. raised 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 buying an additional 6,538,720 shares during the last quarter. Holocene Advisors LP boosted its stake in shares of Tesla by 132.2% during the 3rd quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer’s stock valued at $2,738,141,000 after purchasing an additional 3,505,000 shares in the last quarter. Jennison Associates LLC grew its stake in Tesla by 38.3% in the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock worth $4,851,747,000 after purchasing an additional 3,021,550 shares during the period. Capital World Investors grew its stake in Tesla by 5.8% in the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after purchasing an additional 2,403,019 shares during the period. Finally, PFA Pension Forsikringsaktieselskab bought a new position in shares of Tesla during the fourth quarter valued at approximately $748,084,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s AI and autonomy narrative remains a long-term bull case, with Elon Musk reiterating that robotaxis could expand more broadly in the U.S. later this year and that self-driving could reshape transportation over the next decade.
• Positive Sentiment: Some investors continue to view Tesla’s energy business as an underappreciated growth driver, supporting the company’s broader transition beyond EV sales.
• Neutral Sentiment: OpenAI co-founder and former Tesla AI leader Andrej Karpathy joined Anthropic, highlighting the intensity of the AI talent war; while notable, the move is more of a signal about the broader AI race than a direct operating update for Tesla. Article Title
• Neutral Sentiment: Ongoing discussion about a potential SpaceX IPO could distract from Tesla and compete for investor capital, but this remains speculative rather than a Tesla-specific financial event.
• Negative Sentiment: Tesla raised Model Y prices, which investors are reading as a sign that demand may be less robust than hoped and that pricing changes could weigh on volume growth. Article Title
• Negative Sentiment: Analysts and media coverage continue to flag Tesla’s rich valuation, with some arguing the stock is vulnerable if execution on vehicles, autonomy, and margins does not improve quickly.
• Negative Sentiment: Recent reports of Full Self-Driving lawsuits and robotaxi safety questions are adding skepticism around Tesla’s autonomy timeline and the pace of commercialization.

Insider Buying and Selling

In related news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s 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 of the company’s stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 firm’s 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 directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 83,213 shares of company stock worth $32,201,105. 19.90% of the stock is currently owned by insiders.

Tesla Price Performance

NASDAQ TSLA opened at $404.11 on Wednesday. The business’s fifty day moving average price is $386.65 and its 200-day moving average price is $417.28. The stock has a market capitalization of $1.52 trillion, a price-to-earnings ratio of 370.74, a PEG ratio of 16.19 and a beta of 1.79. 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 released its quarterly earnings results 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. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company’s revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 EPS. On average, equities analysts predict that Tesla, Inc. will post 1.2 earnings per share for the current year.

Wall Street Analyst Weigh In

TSLA has been the subject of a number of analyst reports. Canaccord Genuity Group raised their target price on shares of Tesla from $420.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research report on Friday, April 24th. BNP Paribas Exane raised shares of Tesla from an “underperform” rating to a “neutral” rating in a research report on Monday, April 27th. Phillip Securities reduced their price target on shares of Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a research report on Wednesday, May 13th. Finally, HSBC began coverage on shares of Tesla in a research report on Monday, April 27th. They set a “buy” rating for the company. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $395.20.

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.