Midwest Trust Co Has $85.47 Million Position in Tesla, Inc. $TSLA

Midwest Trust Co lessened its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 190,046 shares of the electric vehicle producer’s stock after selling 1,343 shares during the period. Tesla makes up about 1.1% of Midwest Trust Co’s portfolio, making the stock its 20th largest holding. Midwest Trust Co’s holdings in Tesla were worth $85,467,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Networth Advisors LLC bought a new stake in Tesla during the fourth quarter worth $26,000. Chapman Financial Group LLC bought a new position in shares of Tesla in the 2nd quarter valued at $26,000. Davidson Capital Management Inc. raised its holdings in shares of Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after buying an additional 27 shares in the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of Tesla during the 3rd quarter worth $29,000. Finally, Prism Advisors Inc. bought a new stake in shares of Tesla during the 4th quarter worth $30,000. 66.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Phillip Securities lifted their target price on Tesla from $215.00 to $220.00 and gave the company a “sell” rating in a research report on Monday, April 27th. UBS Group restated a “neutral” rating and issued a $364.00 price target (up from $352.00) on shares of Tesla in a research note on Thursday, April 23rd. President Capital lifted their price target on shares of Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a report on Monday, April 27th. Glj Research reiterated a “sell” rating on shares of Tesla in a research report on Tuesday, April 21st. Finally, BNP Paribas Exane upgraded shares of Tesla from an “underperform” rating to a “neutral” rating in a research report on Monday, April 27th. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $398.42.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s China-made EV sales rose 36% in April, extending a six-month rebound and easing concerns about weakening demand in one of its key markets. Reuters: Tesla’s China-made EV sales rise 36% in April, year-on-year
• Positive Sentiment: Tesla landed a record $100 million deal for 370 Semi trucks, signaling real commercial demand for the company’s truck platform. Zacks: Tesla Lands Record $100M Deal for 370 Semi Trucks in California
• Positive Sentiment: The 2026 Model Y passed new U.S. driver-assistance system tests, reinforcing Tesla’s autonomy and safety story. Reuters: Tesla Model Y is first vehicle to pass new US driver assistance system tests
• Neutral Sentiment: Tesla filed a new Roadster trademark, adding to speculation around a long-awaited future product reveal. Business Insider: Tesla filed a trademark for a new Roadster logo ahead of the EV’s long-awaited reveal
• Neutral Sentiment: Analysts trimmed some Tesla earnings estimates, but the changes were modest and did not materially alter near-term expectations. MarketBeat Tesla coverage
• Negative Sentiment: Tesla is still facing a large recall tied to rearview camera image delays, which could raise quality concerns even if investors are currently looking past it. Fox Business: Tesla recalls more than 218K vehicles over rearview image issue that poses crash risk

Tesla Stock Performance

Shares of TSLA stock opened at $428.35 on Friday. The stock has a market capitalization of $1.61 trillion, a PE ratio of 392.98, a PEG ratio of 16.31 and a beta of 1.79. The business’s 50 day simple moving average is $382.66 and its 200 day simple moving average is $418.37. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. Tesla, Inc. has a one year low of $273.21 and a one year high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $22.96 billion. During the same quarter last year, the business earned $0.27 EPS. The company’s revenue was up 15.8% compared to the same quarter last year. As a group, research analysts forecast that Tesla, Inc. will post 1.25 earnings per share for the current year.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla 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 transaction, the director directly owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. 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 have sold 80,213 shares of company stock valued at $30,851,105 in the last three months. 19.90% of the stock is owned by 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.