Sumitomo Mitsui Financial Group Inc. Sells 9,104 Shares of Tesla, Inc. $TSLA

Sumitomo Mitsui Financial Group Inc. lowered its position in Tesla, Inc. (NASDAQ:TSLA) by 91.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 904 shares of the electric vehicle producer’s stock after selling 9,104 shares during the quarter. Sumitomo Mitsui Financial Group Inc.’s holdings in Tesla were worth $401,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TSLA. Relyea Zuckerberg Hanson LLC grew its position in shares of Tesla by 0.4% during the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock worth $2,916,000 after buying an additional 23 shares in the last quarter. Equita Financial Network Inc. lifted its stake in Tesla by 2.8% in the third quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock worth $380,000 after acquiring an additional 23 shares during the period. VanderPol Investments L.L.C. grew its holdings in Tesla by 2.2% during the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock worth $464,000 after acquiring an additional 23 shares in the last quarter. Resonant Capital Advisors LLC increased its position in Tesla by 0.3% during the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock valued at $3,814,000 after purchasing an additional 23 shares during the period. Finally, Cloud Capital Management LLC raised its holdings in shares of Tesla by 1.1% in the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock valued at $923,000 after purchasing an additional 23 shares in the last quarter. 66.20% of the stock is owned by institutional investors.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Strong demand for a lower‑priced Cybertruck could boost near‑term sales and revenue if conversions hold; Musk has capped the deal with a short 10‑day window, which may concentrate orders. Tesla Seeing Strong Demand For Cheaper Cybertruck
• Positive Sentiment: Tesla’s Megapack won a large 400 MW AI data‑center project in Brazil, showing non‑vehicle revenue potential for energy products. Tesla’s Megapack Will Power 400MW AI Data Center in Brazil
• Positive Sentiment: German labor dispute appears to be settled after a truce with IG Metall, reducing near‑term production/labor risk at Berlin‑area operations. German union says settlement reached dispute with Tesla
• Neutral Sentiment: Elon Musk’s high‑profile visions (“sustainable abundance,” moon factories) keep investor attention on multi‑decade upside but are speculative and unlikely to drive near‑term fundamentals. A World Where All Is Free? That’s Elon Musk’s Theory of ‘Sustainable Abundance.’
• Neutral Sentiment: Nvidia’s commentary that robotaxis could be a huge market is a long‑term positive for the TAM, but in the near term Nvidia results and tech‑sector volatility are pressuring EV/AI growth stocks, including TSLA. Nvidia Sees ‘Hundreds Of Billions’ In Future Robotaxi Revenue
• Negative Sentiment: Regulatory and testing progress on Tesla’s robotaxis is undercut: reports say Tesla logged zero California test miles and has made little permitting progress, which raises doubts about the timing of a key revenue thesis. Musk touts California robotaxis but Tesla does nothing to get permits
• Negative Sentiment: Safety and regulatory scrutiny intensifies: analyses and NHTSA comparisons suggest Tesla’s robotaxi performance is materially worse than human drivers, and Tesla has sued California regulators over FSD advertising — both increase legal/regulatory risk. By Tesla’s own math, it reveals that its robotaxis are 4x worse at driving than humans Tesla pushes back against California’s regulators
• Negative Sentiment: Competitive pressure in China: BYD’s aggressive financing and market share gains are weighing on Tesla’s sales outlook in its largest market. BYD Takes On Tesla In Chinese Market
• Negative Sentiment: Analyst skepticism and headline risk: pieces highlighting “sales in freefall,” calls that the robot/Optimus pivot may be a delusion, and wide analyst target dispersion increase perceived execution risk and volatility. Tesla Sales In Freefall—Here’s What Prediction Markets Say

Tesla Stock Down 2.1%

Tesla stock opened at $408.58 on Friday. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83. The business has a fifty day moving average price of $435.03 and a 200-day moving average price of $419.99. 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 stock has a market capitalization of $1.53 trillion, a price-to-earnings ratio of 378.31, a PEG ratio of 14.75 and a beta of 1.86.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The company had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm’s revenue was down 3.1% compared to the same quarter last year. During the same period last year, the business posted $0.73 earnings per share. Equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. William Blair reiterated a “market perform” rating on shares of Tesla in a research note on Friday, January 2nd. Truist Financial lowered their target price on Tesla from $439.00 to $438.00 and set a “hold” rating for the company in a report on Thursday, January 29th. BNP Paribas Exane lifted their price target on Tesla from $307.00 to $313.00 in a report on Monday, December 1st. New Street Research boosted their price target on Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Tesla from $500.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $408.09.

Insider Activity at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 119,457 shares of company stock valued at $53,501,145 in the last three months. 19.90% of the stock is owned by insiders.

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.