Evansbrook LLC Takes Position in Tesla, Inc. $TSLA

Evansbrook LLC acquired a new stake in Tesla, Inc. (NASDAQ:TSLA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,068 shares of the electric vehicle producer’s stock, valued at approximately $1,380,000. Tesla accounts for about 0.9% of Evansbrook LLC’s investment portfolio, making the stock its 20th biggest position.

Other institutional investors also recently bought and sold shares of the company. Rare Wolf Capital LLC acquired a new position in Tesla in the 4th quarter valued at about $2,434,000. Axxcess Wealth Management LLC increased its holdings in shares of Tesla by 18.1% during the 4th quarter. Axxcess Wealth Management LLC now owns 76,609 shares of the electric vehicle producer’s stock worth $33,421,000 after buying an additional 11,726 shares during the last quarter. Corient Private Wealth LLC raised its position in shares of Tesla by 3,205.5% during the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after buying an additional 20,810,386 shares during the period. Alberta Investment Management Corp raised its position in shares of Tesla by 449.1% during the 4th quarter. Alberta Investment Management Corp now owns 187,800 shares of the electric vehicle producer’s stock valued at $84,457,000 after buying an additional 153,600 shares during the period. Finally, CrossGen Wealth LLC acquired a new position in Tesla in the fourth quarter valued at approximately $224,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a research report on Wednesday, June 10th. DZ Bank raised Tesla from a “sell” rating to a “hold” rating and set a $385.00 price objective for the company in a research report on Friday, April 24th. Royal Bank Of Canada restated a “buy” rating on shares of Tesla in a report on Monday, April 27th. JPMorgan Chase & Co. raised shares of Tesla from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $145.00 to $475.00 in a research note on Friday, June 5th. Finally, Oppenheimer reiterated a “market perform” rating on shares of Tesla in a research report on Thursday, June 11th. Twenty-one analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, Tesla presently has a consensus rating of “Hold” and an average target price of $404.37.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: A Texas Department of Transportation executive publicly backed Tesla’s robotaxi/Cybercab effort, adding credibility to Elon Musk’s autonomous-driving push and supporting the long-term bull case. Elon Musk’s Robotaxi Goals Get A Boost As Texas DOT Official Hails Tesla Cybercab
• Positive Sentiment: BofA’s analysis of Waymo and Tesla safety data suggested serious incidents are very rare, which could help ease investor concerns about Tesla’s autonomous-driving progress. Your Tesla Drives Better Than You Do—and That’s Good News for the Stock
• Positive Sentiment: Elon Musk teased more FSD improvements, including better parking behavior and conversational Grok integration, reinforcing the view that Tesla keeps adding software features that could support future monetization. Elon Musk Says Tesla FSD Will Remember ‘Parking Preferences’ At Home, Office And School Drop-Off In Upcoming Releases
• Positive Sentiment: Oppenheimer’s higher capex estimate points to Tesla spending heavily on “Physical AI” investments, which bulls view as fuel for robotaxi, Optimus, and broader AI growth. Tesla (TSLA) Stock: Oppenheimer Projects $29.4B Capex — 25% Above Wall Street Consensus
• Neutral Sentiment: Analysts and commentary highlighted Tesla’s AI, robotaxi, and Optimus strategy as the key driver of the stock’s long-term valuation, but these pieces were largely thematic rather than a near-term catalyst. Tesla’s $25 Billion Capex Plan Is No Longer About Cars. Here’s Why Tesla Could Be the Most Undervalued AI and Robotics Stock of 2026.
• Negative Sentiment: Sweden’s transport authority reportedly urged the EU to reject Tesla’s supervised self-driving rollout unless the company removes the ability to exceed speed limits, adding another regulatory obstacle for FSD adoption in Europe. Exclusive: Sweden may oppose Tesla’s supervised self-driving tech in Europe over speeding concerns
• Negative Sentiment: U.S. lawmakers also criticized Tesla’s FSD safety data as misleading, which may increase scrutiny around the company’s autonomy claims and slow sentiment around robotaxi approval. TSLA Stock Falls – Senator Raises Concerns Over Tesla’s ‘Misleading’ FSD Safety Data

Insider Buying and Selling at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 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 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 sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 57,824 shares of company stock valued at $21,657,588. Insiders own 19.90% of the company’s stock.

Tesla Trading Up 1.0%

NASDAQ TSLA opened at $400.49 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. The firm has a market cap of $1.50 trillion, a price-to-earnings ratio of 367.42, a PEG ratio of 15.84 and a beta of 1.80. The firm has a 50 day simple moving average of $402.19 and a 200-day simple moving average of $415.36. Tesla, Inc. has a one year low of $288.77 and a one year high of $498.83.

Tesla (NASDAQ:TSLA) last announced 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. The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 EPS. Equities research analysts anticipate that Tesla, Inc. will post 1.19 EPS for the current fiscal year.

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.