Wilmington Savings Fund Society FSB Sells 14,691 Shares of Tesla, Inc. $TSLA

Wilmington Savings Fund Society FSB lessened its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 75.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,669 shares of the electric vehicle producer’s stock after selling 14,691 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Tesla were worth $2,076,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Tesla by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer’s stock worth $112,241,237,000 after acquiring an additional 995,623 shares during the last quarter. State Street Corp boosted its stake in shares of Tesla by 0.3% during the third quarter. State Street Corp now owns 113,762,849 shares of the electric vehicle producer’s stock valued at $50,592,614,000 after purchasing an additional 344,162 shares in the last quarter. Capital World Investors grew its holdings in shares of Tesla by 5.8% during the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after purchasing an additional 2,403,019 shares during the last quarter. Norges Bank bought a new stake in shares of Tesla during the second quarter worth about $11,839,824,000. Finally, Legal & General Group Plc increased its stake in shares of Tesla by 5.9% in the second quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock valued at $6,424,705,000 after buying an additional 1,134,678 shares during the period. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is reportedly negotiating to buy about $2.9 billion of solar panel/cell manufacturing equipment from Chinese suppliers to scale U.S. solar production and support Elon Musk’s 100 GW U.S. solar target—this could accelerate Tesla Energy’s growth and Megapack/rooftop solar manufacturing plans. Read More.
• Positive Sentiment: Terafab and chip progress remain a strategic positive: Musk has signaled a major semiconductor initiative (Terafab) and Tesla is advancing next‑gen AI chips (AI5/AI6) with foundry partners—these moves support long‑term autonomy, Optimus robots and data‑center ambitions. Read More.
• Positive Sentiment: A U.S. safety regulator recently closed a defect petition covering ~2.26M Tesla vehicles after finding no evidence of a safety‑related flaw—this removes one potential legal/regulatory overhang. Read More.
• Neutral Sentiment: Market structure/clearing innovation: the SEC approved Nasdaq’s plan to allow tokenized trading of some high‑volume stocks (including the possibility for Tesla), which is noteworthy for market access but not an immediate earnings driver. Read More.
• Negative Sentiment: NHTSA escalated its probe into Tesla’s Full Self‑Driving (FSD) software to a detailed engineering analysis after multiple crashes in reduced‑visibility conditions—heightened regulatory scrutiny raises recall, remediation and liability risks that hit investor sentiment. Read More.
• Negative Sentiment: UBS cut Q1 delivery estimates and highlighted growing skepticism that the robotaxi story will meaningfully accelerate revenue soon—downgrades/estimate cuts increase short‑term downside risk for the stock. Read More.
• Negative Sentiment: Macro and sector weakness (soaring oil, inflation and pushback on near‑term rate cuts) has pressured high‑beta tech names, amplifying Tesla’s declines as investors rotate to defensives. Read More.

Analysts Set New Price Targets

Several research firms recently commented on TSLA. China Renaissance lifted their target price on shares of Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Wedbush reissued an “outperform” rating and issued a $600.00 price objective on shares of Tesla in a research note on Thursday, January 29th. Bank of America started coverage on Tesla in a research report on Wednesday, March 4th. They set a “buy” rating and a $460.00 target price for the company. JPMorgan Chase & Co. decreased their price target on Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a research note on Friday, January 30th. Finally, Glj Research reaffirmed a “sell” rating on shares of Tesla in a research note on Thursday, March 12th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat, Tesla has an average rating of “Hold” and an average price target of $406.84.

Tesla Stock Performance

TSLA stock opened at $380.24 on Friday. The firm has a market cap of $1.43 trillion, a PE ratio of 352.07, a price-to-earnings-growth ratio of 11.61 and a beta of 1.89. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The stock has a 50-day moving average price of $416.30 and a 200-day moving average price of $426.27. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $24.75 billion. During the same quarter last year, the firm posted $0.73 earnings per share. The firm’s revenue was down 3.1% on a year-over-year basis. As a group, equities research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on Friday, March 6th. The shares were 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 approximately $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the transaction, the director owned 577,031 shares in the company, valued at $257,009,607.40. This represents a 9.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 87,995 shares of company stock valued at $38,315,650 over the last ninety days. 19.90% of the stock is owned by corporate 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.