OVERSEA CHINESE BANKING Corp Ltd decreased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 40.3% in the fourth quarter, Holdings Channel reports. The firm owned 11,128 shares of the electric vehicle producer’s stock after selling 7,501 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Tesla were worth $5,018,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Networth Advisors LLC acquired a new stake in shares of Tesla during the fourth quarter worth approximately $26,000. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the second quarter worth approximately $26,000. Manning & Napier Advisors LLC acquired a new stake in shares of Tesla during the third quarter worth approximately $29,000. Prism Advisors Inc. acquired a new stake in shares of Tesla during the fourth quarter worth approximately $30,000. Finally, Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla during the third quarter worth approximately $30,000. Institutional investors own 66.20% of the company’s stock.
Key Headlines Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Wedbush reiterates an “outperform” and argues Tesla’s robotaxi/CyberCab opportunity justifies a steep $600 target, keeping bull-case momentum alive for investors focused on long-term AI/robotics upside. Wedbush Delivers Blunt Message on Tesla Ahead of Earnings
- Positive Sentiment: Tesla registered a generative AI voice assistant in Shanghai, signaling product rollout and China AI initiatives that support the company’s broader “AI powerhouse” narrative. Tesla registers its AI-driven voice assistant in Shanghai
- Positive Sentiment: Tesla is starting to build robotaxi?only Supercharger stations and is ramping hiring at a Taiwan “terafab” to develop its own AI chip stack — moves that reduce reliance on partners and advance autonomous/robotaxi scale assumptions. Tesla Begins Building Its Robotaxi-Only Supercharger Network
- Neutral Sentiment: Analysts and media highlight that the upcoming earnings call will be as much about narrative (robotaxis, Optimus, AI roadmap) as about near-term numbers — meaning management commentary could move the stock more than the raw results. Why narrative may matter more than numbers when Tesla reports earnings Wednesday
- Neutral Sentiment: Street views are polarized ahead of the print — price targets and ratings diverge widely, so a clear guide on robotaxi timelines, capex cadence and FSD scaling will be needed to reconcile valuations. Tesla (TSLA) Stock: Analysts Clash on Valuation Before Wednesday’s Q1 Earnings
- Negative Sentiment: Registration data show Tesla vehicle registrations in California plunged ~24% y/y in Q1 — a concrete sign of softer retail demand in its core market that could pressure near?term revenue and margins. Tesla registrations plunge in California, industry body says
- Negative Sentiment: Coverage flags operational and inventory issues — reports of missed deliveries and unsold vehicles raise concern about demand/timing and could weigh on guidance. Investors will scrutinize deliveries, margins and channel inventory on the call. Should You Buy This Electric Vehicle (EV) Stock Before April 22?
- Negative Sentiment: Legal and reputation noise persists — Tesla settled a wrongful?death lawsuit in Florida and faces renewed customer litigation over FSD promises, keeping regulatory and litigation risk on investors’ radars. Tesla settles wrongful death lawsuit over crash that killed Florida teenager
- Negative Sentiment: Reports of heavy capex, an $18B offshore profit shift and rising spending to scale AI/robotaxi initiatives increase execution risk and could weigh on free cash flow expectations if management does not provide clear spending cadence. Ahead of Earnings, Tesla Stock (TSLA) Falls on Report of $18B Offshore Profit Shift
Tesla Stock Down 1.5%
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings data 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 4.86% and a net margin of 4.00%.The business had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. The firm’s revenue was down 3.1% on a year-over-year basis. Equities research analysts expect that Tesla, Inc. will post 1.37 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and set a $420.00 price objective on shares of Tesla in a report on Monday, April 6th. Wedbush reaffirmed an “outperform” rating and set a $600.00 price objective on shares of Tesla in a report on Tuesday. Benchmark reaffirmed a “buy” rating on shares of Tesla in a report on Wednesday, February 11th. BNP Paribas Exane dropped their price objective on shares of Tesla from $313.00 to $280.00 and set an “underperform” rating for the company in a report on Monday, March 2nd. Finally, DZ Bank reaffirmed a “sell” rating on shares of Tesla in a report on Thursday, January 29th. Eighteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the company. According to MarketBeat, Tesla currently has an average rating of “Hold” and a consensus target price of $397.26.
Get Our Latest Research Report on TSLA
Insider Transactions at Tesla
In other news, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $7,188,625.18. This represents a 11.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the transaction, the director directly owned 33,860 shares in the company, valued at $12,166,913.80. The trade was a 43.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is currently owned by company insiders.
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.
Recommended Stories
Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
