Tesla, Inc. $TSLA Stock Position Lifted by New Mexico Educational Retirement Board

by · The Markets Daily

New Mexico Educational Retirement Board raised its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 128,800 shares of the electric vehicle producer’s stock after purchasing an additional 2,200 shares during the quarter. Tesla makes up about 1.7% of New Mexico Educational Retirement Board’s holdings, making the stock its 9th biggest holding. New Mexico Educational Retirement Board’s holdings in Tesla were worth $57,924,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Crestwood Advisors Group LLC increased its position in shares of Tesla by 34.7% during the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock valued at $8,799,000 after purchasing an additional 5,039 shares during the last quarter. Gamco Investors INC. ET AL increased its position in shares of Tesla by 29.6% during the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock valued at $14,487,000 after purchasing an additional 7,446 shares during the last quarter. China Universal Asset Management Co. Ltd. increased its position in shares of Tesla by 8.8% during the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock valued at $21,571,000 after purchasing an additional 3,935 shares during the last quarter. Calamos Wealth Management LLC increased its position in shares of Tesla by 5.9% during the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock valued at $18,846,000 after purchasing an additional 2,341 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its position in shares of Tesla by 26.0% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock valued at $8,019,000 after purchasing an additional 3,724 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Tesla was reported to have received authorization in Texas to operate driverless vehicles commercially, a key regulatory step that could move its robotaxi plans closer to launch and support the stock. Tesla (TSLA) Moves Closer to Robotaxi Launch after Texas Driverless Approval
  • Positive Sentiment: Counterpoint Research data showed Tesla reclaiming the No. 1 spot in the global battery EV market in Q1 2026, reinforcing its leadership in EVs even as industry growth was modest. Tesla Reclaims No. 1 Position In Global Battery EV Race
  • Positive Sentiment: European momentum remained a tailwind, with reports that Tesla EV registrations spiked in Europe and the stock was nearing a buy point, suggesting improving near-term demand trends. Tesla EV Registrations In Europe Spike. The Stock Is Closing In On A Buy Point.
  • Neutral Sentiment: Multiple articles and market commentary pointed to Tesla’s huge valuation being tied to future robotaxis, Optimus, and AI products that still feel years away, which keeps sentiment dependent on execution rather than current fundamentals.
  • Neutral Sentiment: There was also renewed speculation about a possible Tesla-SpaceX merger, which could be transformative if it ever happened, but remains highly speculative and difficult to value.
  • Negative Sentiment: Fresh reports that Tesla’s Texas robotaxi fleet is far smaller than Waymo’s — 42 registered vehicles versus 577 — raised concerns that Tesla is lagging competitors in autonomous deployment. Tesla’s robotaxi fleet in Texas is still playing catch-up to Waymo
  • Negative Sentiment: Other coverage said Tesla’s FSD rollout and robotaxi progress were being overshadowed by Waymo’s lead, adding pressure to the company’s autonomous vehicle narrative.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction that occurred 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 sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $8,147,700. This trade represents a 14.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available 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 firm’s stock in a transaction on 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 completion of the transaction, the director directly owned 48,399 shares of the company’s stock, valued at approximately $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. Over the last ninety days, insiders have sold 57,482 shares of company stock valued at $21,508,331. Insiders own 19.90% of the company’s stock.

Tesla Stock Performance

Shares of TSLA opened at $435.79 on Monday. 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 1 year low of $273.21 and a 1 year high of $498.83. The company has a 50 day simple moving average of $391.84 and a two-hundred day simple moving average of $416.20. The firm has a market cap of $1.64 trillion, a P/E ratio of 399.81, a price-to-earnings-growth ratio of 17.21 and a beta of 1.80.

Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same period last year, the firm posted $0.27 EPS. The company’s revenue was up 15.8% on a year-over-year basis. On average, equities analysts expect that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TSLA shares. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Tesla in a research report on Monday, April 27th. China Renaissance reduced their price target on shares of Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a research report on Monday, April 27th. Canaccord Genuity Group upped their price target on shares of Tesla from $420.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. TD Cowen reaffirmed a “buy” rating and set a $490.00 price target on shares of Tesla in a research report on Thursday, April 23rd. Finally, Glj Research reaffirmed a “sell” rating on shares of Tesla in a research report on Tuesday, April 21st. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tesla presently has a consensus rating of “Hold” and an average price target of $395.20.

View Our Latest Stock Report on Tesla

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.

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

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