Tesla, Inc. $TSLA Shares Sold by Van ECK Associates Corp

10 Sep 2026, 11:01 by Mitch Edgeman · The Markets Daily

Van ECK Associates Corp trimmed its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 15.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 57,461 shares of the electric vehicle producer’s stock after selling 10,514 shares during the period. Van ECK Associates Corp’s holdings in Tesla were worth $24,168,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TSLA. Marks Group Wealth Management Inc lifted its holdings in shares of Tesla by 1.7% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock valued at $680,000 after buying an additional 25 shares during the period. Clear Trail Advisors LLC grew its holdings in Tesla by 1.6% during the first quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock worth $605,000 after acquiring an additional 25 shares during the period. Peirce Capital Management LLC grew its holdings in Tesla by 1.5% during the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock worth $697,000 after acquiring an additional 25 shares during the period. Community Bank & Trust Waco Texas raised its position in Tesla by 1.7% in the fourth quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock worth $711,000 after acquiring an additional 26 shares in the last quarter. Finally, WealthTrust Axiom LLC lifted its holdings in Tesla by 1.6% in the 4th quarter. WealthTrust Axiom LLC now owns 1,630 shares of the electric vehicle producer’s stock valued at $733,000 after acquiring an additional 26 shares during the last quarter. 66.20% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the sale, the chief financial officer owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TSLA. BNP Paribas Exane cut shares of Tesla from a “hold” rating to an “underperform” rating in a research note on Friday, June 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a report on Tuesday, July 21st. William Blair restated a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a report on Thursday, July 23rd. Finally, Oppenheimer reiterated a “market perform” rating on shares of Tesla in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $401.74.

Get Our Latest Research Report on TSLA

Tesla Stock Performance

Shares of TSLA opened at $367.81 on Thursday. The company has a 50-day moving average of $354.87 and a two-hundred day moving average of $381.84. The stock has a market cap of $1.45 trillion, a price-to-earnings ratio of 340.57, a PEG ratio of 18.59 and a beta of 1.84. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83.

Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. During the same quarter in the prior year, the firm earned $0.33 EPS. The firm’s revenue was up 25.5% compared to the same quarter last year. On average, equities research analysts expect that Tesla, Inc. will post 0.88 earnings per share for the current year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla’s Cybercab rollout remains the primary bullish catalyst. The company has added 45 vehicles to its Austin fleet, while CEO Elon Musk says the redesigned manufacturing process could produce Cybercabs more than five times faster. Lower operating costs could help Tesla compete with Waymo and Uber if the technology scales. 45 Tesla Cybercabs Are Now Roaming Austin
Positive Sentiment: Slovenia approved Tesla’s supervised Full Self-Driving system, making it the sixth European country to do so. Investors view the approval as a possible step toward an EU-wide authorization and additional software subscription revenue. A potential European launch of Cybercab is also supporting the long-term growth narrative. Slovenia clears Tesla’s FSD driver assistance
Positive Sentiment: Goldman Sachs estimates Tesla’s Cybercab could operate at a cost advantage of as much as $0.30 per mile versus rival autonomous vehicles if Tesla reaches its targeted production costs, strengthening the potential economics of a large robotaxi network. Tesla Cybercab Could Beat Waymo on Cost
Neutral Sentiment: Analysts continue to debate whether Tesla can become a successful robotaxi platform or whether Waymo’s operational experience and sensor-heavy approach give it an advantage. The Cybercab’s early fares have varied widely versus Uber, highlighting that the commercial model is not yet proven. Tesla versus Alphabet’s Waymo
Negative Sentiment: Tesla’s China sales continue to weaken. August domestic sales declined, and the company is offering cash incentives through September 30, suggesting persistent competitive and demand pressure in the world’s largest EV market. Strong exports provide some offset but do not resolve the underlying weakness. Tesla Sales in China Continue Negative Streak
Negative Sentiment: Regulatory scrutiny remains a major risk. The National Highway Traffic Safety Administration is examining certification and technical data related to nearly 1,000 driverless Cybercabs, raising questions about Tesla’s ability to expand the service quickly and safely. Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
Negative Sentiment: Some investors remain bearish because Tesla’s valuation is demanding relative to its modest profitability and slowing core auto business. With a very high earnings multiple, the stock is particularly dependent on successful execution of FSD, robotaxis and other future businesses.

Tesla Profile

(Free Report)

Tesla, Inc is an American technology and automotive company that designs, develops, manufactures and sells electric vehicles and related energy products. Its vehicle lineup has included the Model S, Model 3, Model X, Model Y and Cybertruck, along with commercial and specialty products such as the Tesla Semi.

The company also develops energy-generation and storage products, including solar panels, solar roofing systems and battery storage solutions for residential, commercial and utility customers.