Meeder Asset Management Inc. Sells 7,540 Shares of Tesla, Inc. $TSLA

Meeder Asset Management Inc. trimmed its position in Tesla, Inc. (NASDAQ:TSLA) by 56.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,931 shares of the electric vehicle producer’s stock after selling 7,540 shares during the quarter. Meeder Asset Management Inc.’s holdings in Tesla were worth $2,205,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSLA. Norges Bank acquired a new position in shares of Tesla in the 4th quarter valued at $17,128,100,000. Corient Private Wealth LLC boosted its position in shares of Tesla by 3,205.5% during 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 in the last quarter. Bank of America Corp DE boosted its position in shares of Tesla by 56.0% during 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 in the last quarter. Cardano Risk Management B.V. increased its stake in Tesla by 882.8% in the fourth 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 acquiring an additional 7,367,507 shares during the period. Finally, Vanguard Group Inc. raised its position in Tesla by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after purchasing an additional 6,538,720 shares in the last quarter. 66.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 32,015 shares of company stock worth $12,383,640. Insiders own 19.90% of the company’s stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $460 price target, citing rapid robotaxi expansion, better-than-expected deliveries, and upcoming Optimus milestones.
• Positive Sentiment: Analysts and investors continue to focus on Tesla’s robotaxi, Cybercab, and Optimus programs, which remain major long-term growth catalysts.
• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Tesla, signaling at least some improving expectations heading into the report.
• Neutral Sentiment: Wall Street expects a sizable earnings-driven stock move, with options pricing implying elevated volatility around the report.
• Neutral Sentiment: Recent coverage highlights that Tesla’s quarterly delivery strength has not yet translated into a sustained stock rebound, suggesting investors want more than just beat-and-raise narratives.
• Negative Sentiment: Broader AI and high-growth tech weakness is weighing on Tesla, as investors worry about stretched valuations and cooling enthusiasm for expensive megacap names.
• Negative Sentiment: Several reports point to skepticism around Tesla’s valuation, with commentary noting the stock could be vulnerable if earnings, margins, or guidance disappoint.
• Negative Sentiment: Competitive and regulatory headwinds remain in focus, including tougher EV competition in Europe, a denied NHTSA petition over a headlight recall issue, and ongoing scrutiny of Tesla’s autonomy claims.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TSLA shares. Morgan Stanley lifted their price objective on Tesla from $415.00 to $417.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. UBS Group increased their target price on Tesla from $364.00 to $442.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Tigress Financial started coverage on Tesla in a research note on Monday, April 27th. They issued a “buy” rating on the stock. Royal Bank Of Canada upped their price target on Tesla from $475.00 to $500.00 and gave the company an “outperform” rating in a research report on Tuesday, July 7th. Finally, Mizuho dropped their price objective on Tesla from $540.00 to $480.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $408.07.

Tesla Stock Performance

NASDAQ:TSLA opened at $380.79 on Monday. The stock has a market capitalization of $1.43 trillion, a P/E ratio of 349.35, a price-to-earnings-growth ratio of 13.08 and a beta of 1.80. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 1 year low of $297.82 and a 1 year high of $498.83. The firm has a 50 day moving average of $409.41 and a 200-day moving average of $405.63.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. During the same period in the prior year, the company earned $0.27 EPS. Tesla’s revenue for the quarter was up 15.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Tesla, Inc. will post 1.34 EPS for the current fiscal year.

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.