True North Advisors LLC Sells 2,300 Shares of Tesla, Inc. $TSLA

11 Apr 2026, 13:10 by Danessa Lincoln · The Markets Daily

True North Advisors LLC trimmed its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 48.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,442 shares of the electric vehicle producer’s stock after selling 2,300 shares during the quarter. True North Advisors LLC’s holdings in Tesla were worth $1,098,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Chapman Financial Group LLC purchased a new position in Tesla during the second quarter valued at approximately $26,000. Manning & Napier Advisors LLC purchased a new position in Tesla during the third quarter valued at approximately $29,000. Turning Point Benefit Group Inc. purchased a new position in Tesla during the third quarter valued at approximately $30,000. First Community Trust NA purchased a new position in Tesla during the fourth quarter valued at approximately $31,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in Tesla during the third quarter valued at approximately $31,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla Trading Up 0.9%

NASDAQ:TSLA opened at $348.79 on Friday. The stock has a 50-day simple moving average of $392.91 and a 200-day simple moving average of $424.82. The stock has a market cap of $1.31 trillion, a P/E ratio of 322.95, a P/E/G ratio of 10.44 and a beta of 1.91. Tesla, Inc. has a 1 year low of $222.79 and a 1 year high of $498.83. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.

Tesla (NASDAQ:TSLA – Get Free Report) last announced its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business’s revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 EPS. As a group, analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value 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. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the business’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of 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 position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is owned by company insiders.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Dutch regulators approved Tesla’s driver‑assistance system for supervised use on highways and city streets in the Netherlands — a first regulatory sign‑off in Europe that supports Tesla’s autonomy narrative and EU expansion plans. Tesla’s self-driving software gets Dutch go-ahead
Positive Sentiment: Germany registrations surged ~315% year‑over‑year in March (record 9,252 units), signaling demand recovery in Europe’s largest auto market that could help offset other regional weakness. What Drove Tesla Germany’s 315% Y/Y Surge in March Registrations?
Positive Sentiment: Large institutional buying from ARK Invest / Cathie Wood continues during the pullback, providing a retail/institutional demand floor that can reduce downside volatility. Cathie Wood Doubles Down on Tesla
Neutral Sentiment: Tesla is reportedly developing a smaller, lower‑cost compact SUV — a potential volume driver over time but one that may pressure margins if executed. Investors view this as a strategic shift that could help long‑term growth but adds execution risk. Tesla’s lower-cost EV plan seen boosting volume, risking margins
Neutral Sentiment: Upcoming Q1 earnings (April 22) are the next major catalyst — results and management commentary on deliveries, margins, energy, and autonomy progress will likely drive near‑term moves. Tesla Earnings Preview
Neutral Sentiment: Retail investors are buying the dip according to some data vendors — this can create short-lived support but may not offset institutional selling if fundamentals disappoint. Vanda Research Says Retail Investors are Buying the Tesla Stock Dip
Negative Sentiment: Tesla missed Q1 delivery and production expectations (deliveries ~358K vs. est. ~365.6K; production also below forecasts), creating inventory/backlog concerns that are pressuring sentiment. Tesla stock slips as delivery miss and risks weigh on sentiment
Negative Sentiment: China retail sales declined (~16% in Q1) despite wholesale increases, highlighting regional demand divergence and a potential headwind to global volumes. Tesla’s China Retail Sales Decline 16% In Q1
Negative Sentiment: Analyst skepticism is rising — JPMorgan reiterated a Sell and other firms (including GLJ Research) have flagged dramatic downside; mixed analyst views increase volatility and can amplify downward moves. JPMorgan Reiterates Sell Rating for Tesla
Negative Sentiment: Technical damage (recent “death cross,” multi‑week losing streak) and rising competition in autonomy/robotaxi space are eroding momentum; absent strong earnings or autonomy progress, further downside is possible. Tesla’s ‘Death Cross’ Flashed Again

Analyst Upgrades and Downgrades

TSLA has been the subject of several recent research reports. Robert W. Baird reduced their price target on Tesla from $548.00 to $538.00 and set an “outperform” rating for the company in a research report on Thursday, April 2nd. JPMorgan Chase & Co. reissued a “sell” rating on shares of Tesla in a report on Tuesday. Stifel Nicolaus set a $508.00 target price on Tesla in a research report on Thursday, January 29th. William Blair reiterated a “market perform” rating on shares of Tesla in a report on Friday, January 2nd. Finally, Bank of America initiated coverage on Tesla in a report on Wednesday, March 4th. They issued a “buy” rating and a $460.00 price objective on the stock. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $400.01.

Get Our Latest Report on TSLA

Tesla Company Profile

(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.