Income Insurance Ltd Makes New $3.87 Million Investment in Tesla, Inc. $TSLA

Income Insurance Ltd purchased a new position in Tesla, Inc. (NASDAQ:TSLA) in the fourth quarter, HoldingsChannel reports. The firm purchased 8,603 shares of the electric vehicle producer’s stock, valued at approximately $3,869,000. Tesla accounts for 2.5% of Income Insurance Ltd’s portfolio, making the stock its 10th largest position.

A number of other hedge funds have also modified their holdings of TSLA. Networth Advisors LLC bought a new position in shares of Tesla during the fourth quarter worth $26,000. Davidson Capital Management Inc. boosted its position in shares of Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after acquiring an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. bought a new position in shares of Tesla during the third quarter worth $30,000. Manning & Napier Advisors LLC bought a new position in shares of Tesla during the third quarter worth $29,000. Finally, Prism Advisors Inc. bought a new position in shares of Tesla during the fourth quarter worth $30,000. 66.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Tesla

In other news, 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 sale, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. 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 2,264 shares of the stock in a transaction on Friday, March 6th. The shares were 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 represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 80,213 shares of company stock worth $30,851,105. Insiders own 19.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on TSLA shares. Jefferies Financial Group restated a “neutral” rating on shares of Tesla in a research report on Wednesday, April 22nd. HSBC started coverage on shares of Tesla in a research report on Monday, April 27th. They set a “buy” rating for the company. Mizuho dropped their target price 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. Benchmark restated a “buy” rating on shares of Tesla in a research report on Wednesday, February 11th. Finally, Wedbush restated an “outperform” rating and set a $600.00 target price on shares of Tesla in a research report on Tuesday, April 21st. Nineteen investment 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 company currently has an average rating of “Hold” and an average target price of $398.42.

Tesla Price Performance

TSLA stock opened at $428.35 on Friday. Tesla, Inc. has a 52 week low of $273.21 and a 52 week high of $498.83. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The company has a fifty day simple moving average of $382.66 and a two-hundred day simple moving average of $418.37. The firm has a market capitalization of $1.61 trillion, a P/E ratio of 392.98, a price-to-earnings-growth ratio of 16.31 and a beta of 1.79.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 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 business 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 earnings per share. Tesla’s quarterly revenue was up 15.8% compared to the same quarter last year. Analysts anticipate that Tesla, Inc. will post 1.25 earnings per share for the current fiscal year.

Tesla News Roundup

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 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.