Tesla (NASDAQ:TSLA) Stock Price Up 2.6% - Here's Why
- by lulegacy
- Apr 01, 2026
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Key Points
TSLA shares rose 2.6% intraday to $381.26, supported by a broader market rally and investor positioning ahead of Tesla’s upcoming Q1 delivery update, with trading volume slightly below average.
Supportive headlines include a March rebound in European registrations (France tripled, gains in Spain and the Nordics) and renewed optimism around Tesla’s autonomy/robotaxi story, but analysts warn of likely sequential delivery declines, recent downgrades, and risks from Elon Musk’s strategic shift away from Model S/X.
The analyst consensus is a Hold with an average target of $403.98; Tesla carries a ~ $1.43 trillion market cap and a high P/E (~353), insiders have sold shares recently, and institutional ownership is around 66%. As Tech Earnings Grow, This ETF Still Hasn't Caught Up
Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion for the quarter, compared to analysts' expectations of $24.75 billion. During the same period in the prior year, the business earned $0.73 EPS. The firm's quarterly revenue was down 3.1% on a year-over-year basis. On average, analysts predict that Tesla, Inc. will post 2.56 EPS for the current year.
Insider Activity at Tesla
In related news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 18,106 shares of the company's stock, valued at $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the company's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total value of $10,692,774.36. Following the sale, the director owned 19,669 shares of the company's stock, valued at approximately $8,173,649.64. This represents a 56.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 87,995 shares of company stock valued at $38,315,650 over the last ninety days. 19.90% of the stock is owned by company insiders.
Institutional Investors Weigh In On Tesla
A number of institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Tesla during the 4th quarter worth approximately $17,128,100,000. Corient Private Wealth LLC boosted its stake in Tesla by 3,205.5% in the fourth 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 acquiring an additional 20,810,386 shares in the last quarter. Bank of America Corp DE grew its holdings in Tesla by 56.0% in the fourth quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer's stock worth $9,334,211,000 after purchasing an additional 7,450,766 shares during the last quarter. Cardano Risk Management B.V. increased its position in shares of Tesla by 882.8% during the fourth quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer's stock worth $3,688,630,000 after purchasing an additional 7,367,507 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock valued at $116,443,762,000 after purchasing an additional 6,538,720 shares during the last quarter. Institutional investors own 66.20% of the company's stock.
Tesla Company Profile
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