Norges Bank Buys New Shares in Tesla, Inc. $TSLA

Norges Bank bought a new stake in Tesla, Inc. (NASDAQ:TSLA) in the 4th quarter, Holdings Channel.com reports. The fund bought 38,086,143 shares of the electric vehicle producer’s stock, valued at approximately $17,128,100,000. Tesla accounts for about 1.8% of Norges Bank’s holdings, making the stock its 9th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Networth Advisors LLC acquired a new position in Tesla in the fourth quarter valued at $26,000. Davidson Capital Management Inc. increased its stake in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after purchasing an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new position in Tesla in the third quarter valued at $30,000. Prism Advisors Inc. acquired a new position in Tesla in the fourth quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new position in Tesla in the third quarter valued at $31,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Vaibhav Taneja sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $8,147,700. This represents a 14.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 57,482 shares of company stock valued at $21,508,331 in the last ninety days. Company insiders own 19.90% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla was reported to have received authorization in Texas to operate driverless vehicles commercially, a key regulatory step that could move its robotaxi plans closer to launch and support the stock. Tesla (TSLA) Moves Closer to Robotaxi Launch after Texas Driverless Approval
• Positive Sentiment: Counterpoint Research data showed Tesla reclaiming the No. 1 spot in the global battery EV market in Q1 2026, reinforcing its leadership in EVs even as industry growth was modest. Tesla Reclaims No. 1 Position In Global Battery EV Race
• Positive Sentiment: European momentum remained a tailwind, with reports that Tesla EV registrations spiked in Europe and the stock was nearing a buy point, suggesting improving near-term demand trends. Tesla EV Registrations In Europe Spike. The Stock Is Closing In On A Buy Point.
• Neutral Sentiment: Multiple articles and market commentary pointed to Tesla’s huge valuation being tied to future robotaxis, Optimus, and AI products that still feel years away, which keeps sentiment dependent on execution rather than current fundamentals.
• Neutral Sentiment: There was also renewed speculation about a possible Tesla-SpaceX merger, which could be transformative if it ever happened, but remains highly speculative and difficult to value.
• Negative Sentiment: Fresh reports that Tesla’s Texas robotaxi fleet is far smaller than Waymo’s — 42 registered vehicles versus 577 — raised concerns that Tesla is lagging competitors in autonomous deployment. Tesla’s robotaxi fleet in Texas is still playing catch-up to Waymo
• Negative Sentiment: Other coverage said Tesla’s FSD rollout and robotaxi progress were being overshadowed by Waymo’s lead, adding pressure to the company’s autonomous vehicle narrative.

Tesla Price Performance

TSLA stock opened at $435.79 on Friday. The stock has a 50-day moving average price of $391.84 and a two-hundred day moving average price of $416.40. Tesla, Inc. has a 12-month low of $273.21 and a 12-month high of $498.83. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.64 trillion, a PE ratio of 399.81, a price-to-earnings-growth ratio of 17.46 and a beta of 1.79.

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

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research note on Friday, April 24th. JPMorgan Chase & Co. reissued a “sell” rating on shares of Tesla in a research report on Wednesday, April 22nd. The Goldman Sachs Group reissued a “neutral” rating on shares of Tesla in a research report on Thursday, April 23rd. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Finally, Glj Research reissued a “sell” rating on shares of Tesla in a research report on Tuesday, April 21st. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $395.20.

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.