Connor Clark & Lunn Investment Management Ltd. Buys 42,052 Shares of Tesla, Inc. $TSLA

Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 17.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 288,311 shares of the electric vehicle producer’s stock after purchasing an additional 42,052 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Tesla were worth $128,218,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of TSLA. Manning & Napier Advisors LLC acquired a new position in Tesla during the 3rd quarter worth $29,000. Westend Capital Management LLC acquired a new stake in shares of Tesla in the third quarter valued at about $32,000. Chapman Financial Group LLC bought a new position in shares of Tesla in the second quarter worth about $26,000. CoreFirst Bank & Trust acquired a new position in shares of Tesla during the 2nd quarter worth about $30,000. Finally, ESL Trust Services LLC lifted its position in shares of Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after purchasing an additional 95 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Stock Performance

NASDAQ:TSLA opened at $407.79 on Thursday. The firm has a market capitalization of $1.53 trillion, a PE ratio of 377.58, a price-to-earnings-growth ratio of 11.81 and a beta of 1.89. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The firm has a 50-day moving average price of $422.01 and a 200 day moving average price of $424.87.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating 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 company had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same period in the prior year, the company posted $0.73 EPS. The company’s revenue was down 3.1% compared to the same quarter last year. Research analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TSLA. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $510.00 target price on shares of Tesla in a report on Thursday, January 29th. Truist Financial reduced their price objective on Tesla from $439.00 to $438.00 and set a “hold” rating for the company in a research report on Thursday, January 29th. Mizuho set a $540.00 price objective on shares of Tesla and gave the stock an “outperform” rating in a research note on Thursday, January 29th. BNP Paribas Exane dropped their target price on shares of Tesla from $313.00 to $280.00 and set an “underperform” rating on the stock in a research report on Monday, March 2nd. Finally, New Street Research upped their target price on shares of Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $406.84.

Insider Buying and Selling at Tesla

In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the sale, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 87,995 shares of company stock worth $38,315,650 over the last three months. Company insiders own 19.90% of the company’s stock.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China sales rebound — Tesla reported a 91% year‑over‑year jump in China‑made EV sales in February (helped by an easy comparison), signaling a recovery in a key market and lifting sentiment. Tesla’s China-made EV sales jump 91% in February
• Positive Sentiment: AI/robotics excitement — Elon Musk unveiled the Tesla‑xAI “Macrohard”/“Digital Optimus” initiative (an agentic AI + LLM pairing). Markets are treating this as a potential long‑term value driver beyond vehicles. Musk unveils joint Tesla-xAI project ‘Macrohard’
• Positive Sentiment: Energy/grid initiative — Tesla joined a coalition with Alphabet and others to better utilize power assets and reduce electricity costs, a strategic move that supports Tesla’s energy business and broader regulatory positioning. Tesla and Google Team Up to Lower Electricity Bills—Kind Of
• Neutral Sentiment: SpaceX/Elon narrative tailwind — Ongoing talk of a SpaceX IPO and possible preferential treatment for Tesla shareholders adds an indirect Musk‑related narrative that can boost sentiment but is speculative on timing and structure. The SpaceX IPO Could Be the Biggest Ever—Here’s What We Know
• Neutral Sentiment: Insider selling — Tesla CFO Vaibhav Taneja disclosed a sale of 2,264 shares; routine insider sales can be noise but draw attention during volatile periods. Insider Selling: Tesla CFO Sells 2,264 Shares
• Negative Sentiment: Delivery risk and cash concerns — Analysts are lowering delivery forecasts and some warn the multi‑year delivery decline could extend, raising profit and cash‑burn concerns as Tesla shifts capital toward robotaxis and robots. Tesla delivery slide may stretch to third year
• Negative Sentiment: Leadership churn — Tesla lost a long‑time finance VP (Sendil Palani) and a veteran director who led the robotaxi backend; exits increase execution risk ahead of major product rollouts. Elon Musk’s Tesla Loses Another Senior Executive Tesla Loses Director Behind Robotaxi Backend
• Negative Sentiment: Regulatory/safety scrutiny — Reports of worsening FSD safety metrics and renewed NHTSA attention raise liability and rollout risks for the autonomy roadmap. Tesla Stock Is Dropping: What’s Going On Today?
• Negative Sentiment: Competition intensifies — Rivian’s R2 and stronger showings from BYD, NIO and other rivals increase near‑term pressure on Tesla’s core Model 3/Y franchise and could weigh on volumes and pricing power. Rivian Is About to Challenge Tesla Where It Hurts Most

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.