South Dakota Investment Council Has $21.82 Million Stake in Tesla, Inc. $TSLA
- by lulegacy
- Mar 03, 2026
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Key Points
South Dakota Investment Council cut its stake in Tesla by 11.4% in Q3 and now holds 49,057 shares valued at about $21.82 million.
Significant insider selling occurred recently: Kimbal Musk sold 56,820 shares for $25.6 million, and insiders have sold 145,188 shares worth $64.19 million over the last 90 days, though insiders still own about 19.90% of the company.
Analysts are mixed—18 Buys, 14 Holds and 9 Sells—with an average rating of "Hold" and an average price target of $408.09, roughly in line with the stock's recent ~$403 trading level. We are about to experience the greatest A.I. boom in stock market history...
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The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
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