Whittier Trust Co. of Nevada Inc. Purchases 11,789 Shares of Tesla, Inc. $TSLA

Whittier Trust Co. of Nevada Inc. boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 13.1% during the 1st quarter, HoldingsChannel reports. The firm owned 101,550 shares of the electric vehicle producer’s stock after buying an additional 11,789 shares during the period. Tesla comprises about 0.7% of Whittier Trust Co. of Nevada Inc.’s investment portfolio, making the stock its 29th largest holding. Whittier Trust Co. of Nevada Inc.’s holdings in Tesla were worth $35,829,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Networth Advisors LLC bought a new stake in shares of Tesla in the fourth quarter valued at about $26,000. Chapman Financial Group LLC purchased a new position in Tesla during the 2nd quarter valued at about $26,000. Davidson Capital Management Inc. raised its holdings in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after purchasing an additional 27 shares in the last quarter. Friedenthal Financial raised its holdings in shares of Tesla by 66.7% in the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after purchasing an additional 30 shares in the last quarter. Finally, Prism Advisors Inc. purchased a new stake in shares of Tesla in the 4th quarter worth approximately $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Q2 deliveries beat estimates by a wide margin, signaling stronger-than-expected demand and a rebound in the company’s auto business. Tesla Second Quarter 2026 Production, Deliveries & Deployments
• Positive Sentiment: Tesla launched the six-seat, long-wheelbase Model Y L in the U.S., a new variant aimed at boosting sales and expanding its lineup beyond the standard SUV. Tesla launches six-seater Model Y L in US to boost sales
• Positive Sentiment: Tesla expanded its robotaxi service to Miami, reinforcing the market’s long-term autonomy and AI growth narrative. Tesla rolls out robotaxi service in Miami
• Neutral Sentiment: Analysts remain split: some raised earnings estimates or price targets after the delivery beat, but several still view the stock as fairly valued given Tesla’s high multiple and margin risk. Tesla Stock Price Forecast — What Financial Analysts Expect After Q2 Deliveries
• Negative Sentiment: Despite the delivery beat, the stock has been pressured by “sell-the-news” behavior as investors focus on profitability, competition, and whether growth can hold up after recent gains. Tesla Reports Strong Deliveries, Yet Investors Remain Unimpressed
• Negative Sentiment: Safety headlines remain a drag, including a fatal Tesla Semi crash and a Texas manslaughter case tied to Autopilot-related driving, which can keep regulatory and reputational risk in focus. Tesla driver charged with manslaughter over crash into Texas home

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 3,000 shares of Tesla 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 completion of the sale, the chief financial officer directly owned 18,106 shares in the company, valued at $8,147,700. This trade represents a 14.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 business’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 sale, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This represents 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. Insiders sold a total of 32,015 shares of company stock valued at $12,383,640 over the last ninety days. 19.90% of the stock is currently owned by insiders.

Tesla Price Performance

Shares of TSLA stock opened at $393.45 on Monday. Tesla, Inc. has a 1-year low of $288.77 and a 1-year high of $498.83. The stock’s fifty day moving average price is $407.39 and its 200 day moving average price is $411.34. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The company has a market cap of $1.48 trillion, a price-to-earnings ratio of 360.96, a price-to-earnings-growth ratio of 15.61 and a beta of 1.80.

Tesla (NASDAQ:TSLA) last announced its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.27 EPS. On average, research analysts expect that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. HSBC reissued a “hold” rating on shares of Tesla in a research note on Monday, June 15th. Zacks Research raised Tesla from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Wedbush reaffirmed an “outperform” rating and set a $600.00 price objective on shares of Tesla in a research report on Tuesday, April 21st. Royal Bank Of Canada reiterated a “buy” rating on shares of Tesla in a research note on Monday, April 27th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Twenty-one analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Tesla presently has an average rating of “Hold” and a consensus price target of $403.92.

Tesla 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.