Truist Financial Corp Buys 17,446 Shares of Tesla, Inc. $TSLA

Truist Financial Corp increased its position in Tesla, Inc. (NASDAQ:TSLA) by 2.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 760,286 shares of the electric vehicle producer’s stock after acquiring an additional 17,446 shares during the quarter. Truist Financial Corp’s holdings in Tesla were worth $338,114,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Chapman Financial Group LLC bought a new stake in Tesla during the 2nd quarter valued at approximately $26,000. LGT Financial Advisors LLC bought a new position in shares of Tesla during the second quarter worth $29,000. Manning & Napier Advisors LLC purchased a new position in Tesla during the third quarter valued at $29,000. CoreFirst Bank & Trust bought a new stake in Tesla in the 2nd quarter valued at $30,000. Finally, ESL Trust Services LLC lifted its stake in Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after purchasing an additional 95 shares in the last quarter. 66.20% of the stock is owned by institutional investors.

Tesla Stock Performance

Tesla stock opened at $431.46 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. The firm has a market capitalization of $1.43 trillion, a P/E ratio of 287.64, a price-to-earnings-growth ratio of 7.32 and a beta of 1.83. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83. The company’s 50-day moving average is $446.48 and its 200 day moving average is $406.64.

Tesla (NASDAQ:TSLA) last released its 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. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. During the same quarter in the prior year, the firm posted $0.73 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. Research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on TSLA shares. Piper Sandler reaffirmed an “overweight” rating and issued a $500.00 target price on shares of Tesla in a report on Thursday, January 8th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Tesla in a report on Thursday. Industrial Alliance Securities set a $300.00 target price on shares of Tesla in a report on Monday, October 13th. HSBC restated a “reduce” rating on shares of Tesla in a research report on Monday, November 17th. Finally, Benchmark reissued a “buy” rating on shares of Tesla in a research note on Thursday, October 23rd. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat, Tesla has an average rating of “Hold” and an average target price of $410.77.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q4 beat on EPS and revenue — Tesla reported $0.50 GAAP EPS (above consensus) and $24.9B in revenue, topping Street expectations; the upside drove immediate investor relief despite weaker unit trends. TSLA Earnings: Tesla Beats Wall Street Estimates Even as Annual Sales Decline for the First Time
• Positive Sentiment: Robotaxi / AI narrative remains a catalyst — Analysts and commentators emphasized Tesla’s pivot to FSD, Optimus robots and robotaxis as the long-term growth story that can justify a higher multiple. That forward-looking narrative buoyed sentiment despite near-term weakness. TSLA EPS Review: A Tsunami of New Product Launches Awaits
• Positive Sentiment: Margins showed some stabilization — Several reports noted improved margins or better-than-feared profit metrics in Q4, helping investors look past sliding deliveries. Tesla revenue beats estimates despite weaker vehicle deliveries
• Neutral Sentiment: Tesla to invest $2B in Elon Musk’s xAI — The company disclosed a roughly $2B preferred-share investment in xAI; it supports the AI story but raises questions about capital allocation given shrinking auto profits. Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor
• Neutral Sentiment: Model S and Model X to be discontinued — Musk said Tesla will end S/X production next quarter to repurpose lines for robotics; strategic for the AI/robotics pivot but could compress vehicle revenue/volume near term. Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots
• Negative Sentiment: First-ever annual revenue decline and profit slump — Tesla reported full-year revenue down ~3% and profit plunged (reports cite a ~46% drop), underlining weakening vehicle demand and policy headwinds that pressure fundamentals. Tesla suffers first annual drop in revenue in 2025
• Negative Sentiment: Crypto loss, competition and brand erosion — Tesla recorded a Bitcoin impairment (~$239M reported) and faces stronger competition (BYD gains, collapsing European sales) plus a falling brand valuation — all risks to near-term sales and sentiment. Tesla Reports $239 Million Loss on Bitcoin Holdings in Q4 2025

Insiders Place Their Bets

In other news, 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 completion of the sale, the director directly owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of the business’s stock in a transaction 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 sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 119,457 shares of company stock worth $53,501,145 over the last quarter. Company insiders own 19.90% of the company’s stock.

Tesla Company 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.