King Luther Capital Management Corp Has $17.24 Million Stake in Tesla, Inc. $TSLA

28 May 2026, 10:20 by Teresa Graham · The Cerbat Gem

King Luther Capital Management Corp raised its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 250.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 38,336 shares of the electric vehicle producer’s stock after purchasing an additional 27,386 shares during the period. King Luther Capital Management Corp’s holdings in Tesla were worth $17,240,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TSLA. Vanguard Group Inc. raised its stake 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 valued at $116,443,762,000 after purchasing an additional 6,538,720 shares during the period. Holocene Advisors LP increased its position in shares of Tesla by 132.2% in the third quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer’s stock valued at $2,738,141,000 after acquiring an additional 3,505,000 shares during the last quarter. Capital World Investors increased its position in shares of Tesla by 5.8% in the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock valued at $19,583,547,000 after acquiring an additional 2,403,019 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Tesla in the fourth quarter valued at about $748,084,000. Finally, SG Americas Securities LLC increased its position in shares of Tesla by 788.2% in the fourth quarter. SG Americas Securities LLC now owns 1,226,536 shares of the electric vehicle producer’s stock valued at $551,598,000 after acquiring an additional 1,088,437 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Wall Street Analysts Forecast Growth

TSLA has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a report on Friday, April 24th. HSBC began coverage on Tesla in a report on Monday, April 27th. They set a “buy” rating for the company. Roth Mkm restated a “buy” rating on shares of Tesla in a report on Thursday, April 23rd. Morgan Stanley set a $415.00 price target on Tesla and gave the company an “equal weight” rating in a research note on Thursday, January 29th. Finally, Robert W. Baird cut their price target on Tesla from $538.00 to $522.00 and set an “outperform” rating for the company in a research note on Friday, April 24th. Nineteen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $395.20.

Get Our Latest Stock Report on Tesla

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $8,147,700. This represents a 14.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was 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 of the company’s stock, valued at $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 57,482 shares of company stock valued at $21,508,331 over the last quarter. Company insiders own 19.90% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla’s European sales momentum appears to be improving, with multiple reports citing April registrations up sharply year over year and suggesting the EV business is regaining traction after a long slump. Tesla Logs Strong Growth in European Monthly Sales
Positive Sentiment: Wall Street is also focusing on Tesla’s robotaxi and Optimus opportunities, with coverage saying a new patent could protect future revenue drivers and that the stock is approaching a technical breakout setup. Tesla Patent Could Protect Two Biggest Future Revenue Drivers: Here’s Why ‘Lens Cleaning System’ May Matter
Positive Sentiment: Renewed speculation around a possible SpaceX-Tesla tie-up is adding excitement, with reports and commentary suggesting the rumored SpaceX IPO could become a major long-term catalyst for Tesla shareholders. SpaceX-Tesla merger chatter reignites as Musk pushes rocket company towards Nasdaq

Tesla Stock Up 1.6%

Shares of TSLA opened at $440.36 on Thursday. The firm has a 50 day simple moving average of $390.12 and a two-hundred day simple moving average of $416.18. The company has a market cap of $1.65 trillion, a P/E ratio of 404.00, a P/E/G ratio of 17.12 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 one year low of $273.21 and a one year high of $498.83.

Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 earnings per share. Research analysts forecast that Tesla, Inc. will post 1.2 EPS for the current fiscal year.

About Tesla

(Free Report)

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.

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