Tesla, Inc. $TSLA Shares Acquired by iA Global Asset Management Inc.
- by lulegacy
- May 17, 2026
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Key Points
iA Global Asset Management increased its Tesla stake by 28% in the fourth quarter, buying 56,832 more shares and bringing its total holdings to 259,838 shares worth about $116.9 million.
Tesla is moving forward with a $250 million investment in its Berlin Gigafactory, which could boost battery production and support future European growth, while new Tesla-linked ETFs also highlight continued investor interest in the stock.
The company faces mixed pressures: robotaxi concerns, legal scrutiny in Australia, and recent insider selling have added uncertainty, even as Tesla reported quarterly EPS that beat estimates and analysts currently rate the stock a consensus Hold. TSLA: 3 Reasons the Stock Could Hit $400 in May
In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business's stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the business's stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 83,213 shares of company stock worth $32,201,105. Insiders own 19.90% of the company's stock.
Tesla Stock Down 4.8%
Tesla stock opened at $422.24 on Friday. The firm has a market cap of $1.59 trillion, a price-to-earnings ratio of 387.38, a P/E/G ratio of 16.65 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. Tesla, Inc. has a fifty-two week low of $273.21 and a fifty-two week high of $498.83. The firm has a fifty day moving average price of $386.41 and a two-hundred day moving average price of $418.28.
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