Tesla (NASDAQ:TSLA) Stock Rating Upgraded by Zacks Research
- by lulegacy
- Apr 30, 2026
- 0 Comments
- 0 Likes Flag 0 Of 5
Image from MarketBeat Media, LLC.
Key Points
Zacks Research upgraded Tesla from a "strong sell" to a "hold", and MarketBeat shows a consensus analyst rating of Hold with a $398.42 consensus price target.
Q1 results were mixed: EPS of $0.41 beat estimates by $0.02 while revenue of $22.39 billion missed forecasts, leaving thin margins (net margin 3.95%) despite 15.8% year‑over‑year revenue growth.
There was notable insider selling (53,804 shares worth about $20.9 million sold last quarter), even as large institutional investors like Vanguard and Norges Bank hold sizable positions and institutions own roughly 66.2% of the stock. Tesla’s Earnings Confirm the Shift to AI—But at What Cost?
In related 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 owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $359.33, for a total value of $9,273,947.97. Following the sale, the director owned 33,860 shares of the company's stock, valued at $12,166,913.80. This represents a 43.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 53,804 shares of company stock valued at $20,865,598 in the last quarter. 19.90% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Tesla
Several institutional investors have recently added to or reduced their stakes in TSLA. Norges Bank purchased a new position in Tesla during the 4th quarter valued at approximately $17,128,100,000. Corient Private Wealth LLC grew its holdings in Tesla by 3,205.5% during the 4th 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 buying an additional 20,810,386 shares in the last quarter. Bank of America Corp DE grew its holdings in Tesla by 56.0% during the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer's stock valued at $9,334,211,000 after buying an additional 7,450,766 shares in the last quarter. Cardano Risk Management B.V. grew its holdings in Tesla by 882.8% during the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer's stock valued at $3,688,630,000 after buying an additional 7,367,507 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock worth $116,443,762,000 after purchasing an additional 6,538,720 shares during the period. Hedge funds and other institutional investors own 66.20% of the company's stock.
Trending Headlines about Tesla
Please first to comment
Related Post
Stay Connected
Tweets by elonmuskTo get the latest tweets please make sure you are logged in on X on this browser.
Energy





