May Hill Capital LLC Increases Position in Tesla, Inc. $TSLA

Posted by Ethan Ryder on May 17th, 2026

May Hill Capital LLC increased its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 145.9% in the 4th quarter, Holdings Channel reports. The fund owned 7,270 shares of the electric vehicle producer’s stock after buying an additional 4,313 shares during the quarter. May Hill Capital LLC’s holdings in Tesla were worth $3,269,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Networth Advisors LLC purchased a new position in Tesla in the fourth quarter worth $26,000. Chapman Financial Group LLC purchased a new position in Tesla in the second quarter worth $26,000. Davidson Capital Management Inc. grew its position in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after acquiring an additional 27 shares in the last quarter. Manning & Napier Advisors LLC purchased a new position in Tesla in the third quarter worth $29,000. Finally, Prism Advisors Inc. purchased a new position in Tesla in the fourth quarter worth $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla Stock Performance

NASDAQ TSLA opened at $422.24 on Friday. The company has a 50-day simple moving average of $386.41 and a two-hundred day simple moving average of $418.28. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12-month low of $273.21 and a 12-month high of $498.83. The firm has a market cap of $1.59 trillion, a price-to-earnings ratio of 387.38, a PEG ratio of 16.65 and a beta of 1.79.

Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. Tesla’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.27 earnings per share. On average, equities analysts forecast that Tesla, Inc. will post 1.2 EPS for the current year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla is moving ahead with a $250 million investment in its Berlin Gigafactory, which could expand battery output, add jobs, and support future European production growth. Tesla to Invest $250 Million in Berlin Gigafactory
Positive Sentiment: New Tesla-linked ETFs are being launched to provide weekly income while still retaining some upside exposure to TSLA, reflecting continued investor demand for the stock. These New Nvidia And Tesla ETFs Want To Deliver Weekly Income Without Fully Sacrificing Upside
Neutral Sentiment: Elon Musk’s China trip kept Tesla in the spotlight, but the meeting produced no major breakthrough on Full Self-Driving approval or trade terms that investors were hoping for. Tesla Stock Slumps After Trump’s China Trip Ends Without “Material Agreements”
Neutral Sentiment: Tesla is starting work on a Cybercab car wash in Nevada, signaling progress on robotaxi-related infrastructure, though the project is still early-stage. Tesla (TSLA) to Build Cybercab Car Wash in Nevada as Robotaxi Plans Take Shape
Negative Sentiment: Robotaxi concerns are intensifying after reports of long wait times, navigation issues, and crashes, reinforcing doubts about Tesla’s timeline for autonomous driving monetization. Tesla robotaxi rollout features long wait times, safety concerns
Negative Sentiment: An Australian judge sharply criticized Tesla in a class-action case, warning the company could have “a really bad time” if it does not cooperate on document production, adding legal overhang. Australian judge criticises Tesla for ‘gobsmacking’ slow progress in class action lawsuit

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Zacks Research upgraded shares of Tesla from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. President Capital upped their price target on shares of Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Jefferies Financial Group restated a “neutral” rating on shares of Tesla in a research report on Wednesday, April 22nd. Robert W. Baird cut their price target on shares of Tesla from $538.00 to $522.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Finally, Canaccord Genuity Group upped their price target on shares of Tesla from $420.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Nineteen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $395.20.

Read Our Latest Stock Report on Tesla

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction 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 approximately $8,147,700. This represents a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 stock in a transaction dated 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 owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 83,213 shares of company stock valued at $32,201,105. 19.90% of the stock is currently owned by company insiders.

About Tesla

(Free Report)

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.