Canada Post Corp Registered Pension Plan Has $31.91 Million Stock Position in Tesla, Inc. $TSLA

Canada Post Corp Registered Pension Plan boosted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 26.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 70,955 shares of the electric vehicle producer’s stock after purchasing an additional 14,900 shares during the period. Tesla comprises approximately 1.2% of Canada Post Corp Registered Pension Plan’s investment portfolio, making the stock its 13th biggest position. Canada Post Corp Registered Pension Plan’s holdings in Tesla were worth $31,910,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Stephens Investment Management Group LLC bought a new stake in Tesla during the fourth quarter worth $218,000. WealthPlan Investment Management LLC lifted its stake in Tesla by 29.0% during the fourth quarter. WealthPlan Investment Management LLC now owns 17,008 shares of the electric vehicle producer’s stock worth $7,649,000 after purchasing an additional 3,823 shares during the last quarter. Hills Bank & Trust Co lifted its stake in Tesla by 116.0% during the fourth quarter. Hills Bank & Trust Co now owns 2,590 shares of the electric vehicle producer’s stock worth $1,165,000 after purchasing an additional 1,391 shares during the last quarter. Everstar Asset Management LLC lifted its stake in Tesla by 19.7% during the fourth quarter. Everstar Asset Management LLC now owns 1,074 shares of the electric vehicle producer’s stock worth $483,000 after purchasing an additional 177 shares during the last quarter. Finally, Sherman Asset Management Inc. lifted its stake in Tesla by 32.1% during the fourth quarter. Sherman Asset Management Inc. now owns 5,241 shares of the electric vehicle producer’s stock worth $2,357,000 after purchasing an additional 1,275 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors.

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

Tesla Trading Down 4.8%

Shares of NASDAQ TSLA opened at $422.24 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. Tesla, Inc. has a 52-week low of $273.21 and a 52-week high of $498.83. The firm has a 50 day moving average price of $386.41 and a two-hundred day moving average price of $418.28. The stock has a market cap of $1.59 trillion, a P/E ratio of 387.38, a price-to-earnings-growth ratio of 16.65 and a beta of 1.79.

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

Insider Activity at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were 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 in the company, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 that occurred on 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 transaction, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 83,213 shares of company stock valued at $32,201,105. Corporate insiders own 19.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TSLA. President Capital upped their target price on Tesla from $424.00 to $428.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Truist Financial lowered their price objective on shares of Tesla from $438.00 to $400.00 and set a “hold” rating for the company in a research report on Thursday, April 2nd. Mizuho lowered their price objective on shares of Tesla from $540.00 to $480.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Zacks Research upgraded shares of Tesla from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Tesla in a research report on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $395.20.

Tesla 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.