Tesla, Inc. $TSLA Shares Sold by Sumitomo Mitsui Trust Group Inc.
- by lulegacy
- Apr 13, 2026
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Key Points
Sumitomo Mitsui Trust Group reduced its Tesla stake by 7.0% in Q4, selling 582,821 shares and now holds 7,724,739 shares (about 0.23% of Tesla, valued at $3.47B), making TSLA its ninth-largest holding (~2.0% of the firm's portfolio).
Tesla faces mixed catalysts: a regulatory win as Dutch regulators approved its driver‑assistance system and German registrations surged, but a Q1 delivery/production miss, ~16% decline in China retail sales, rising analyst skepticism and technical weakness leave downside risk ahead of Q1 earnings on April 22.
Insiders have been selling: CFO Vaibhav Taneja and director Kathleen Wilson‑Thompson reported recent share sales, with insiders offloading 53,804 shares (~$20.9M) last quarter while still owning 19.90% of the company. MarketBeat Week in Review – 04/06 - 04/10
In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction dated 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 $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the sale, the director owned 33,860 shares of the company's stock, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 53,804 shares of company stock valued at $20,865,598. Company insiders own 19.90% of the company's stock.
Analyst Upgrades and Downgrades
TSLA has been the subject of a number of recent research reports. Mizuho set a $540.00 target price on shares of Tesla and gave the company an "outperform" rating in a research report on Thursday, January 29th. China Renaissance raised their price objective on shares of Tesla from $380.00 to $382.00 and gave the stock a "hold" rating in a research report on Monday, February 2nd. President Capital cut their price objective on shares of Tesla from $500.00 to $424.00 and set a "buy" rating for the company in a research report on Tuesday, April 7th. JPMorgan Chase & Co. restated a "sell" rating on shares of Tesla in a research report on Tuesday, April 7th. Finally, Robert W. Baird cut their price objective on shares of Tesla from $548.00 to $538.00 and set an "outperform" rating for the company in a research report on Thursday, April 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have issued a Sell rating to the company's stock. According to MarketBeat, Tesla has a consensus rating of "Hold" and a consensus target price of $400.01.
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