Meridian Wealth Management LLC Raises Holdings in Tesla, Inc. $TSLA

Posted by Geri Gentry on May 12th, 2026

Meridian Wealth Management LLC grew its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 15.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 72,015 shares of the electric vehicle producer’s stock after purchasing an additional 9,782 shares during the quarter. Tesla accounts for 1.1% of Meridian Wealth Management LLC’s holdings, making the stock its 14th largest holding. Meridian Wealth Management LLC’s holdings in Tesla were worth $32,387,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Fourth Dimension Wealth LLC lifted its position in shares of Tesla by 25.2% during the 4th quarter. Fourth Dimension Wealth LLC now owns 1,492 shares of the electric vehicle producer’s stock valued at $671,000 after buying an additional 300 shares during the last quarter. Versor Investments LP purchased a new position in shares of Tesla during the 4th quarter valued at $225,000. Prosperitas Financial LLC lifted its position in shares of Tesla by 3.5% during the 4th quarter. Prosperitas Financial LLC now owns 3,084 shares of the electric vehicle producer’s stock valued at $1,387,000 after buying an additional 103 shares during the last quarter. Money Concepts Capital Corp lifted its position in shares of Tesla by 4.3% during the 4th quarter. Money Concepts Capital Corp now owns 5,507 shares of the electric vehicle producer’s stock valued at $2,477,000 after buying an additional 226 shares during the last quarter. Finally, Tsfg LLC raised its stake in shares of Tesla by 1.6% during the 4th quarter. Tsfg LLC now owns 12,521 shares of the electric vehicle producer’s stock valued at $5,631,000 after purchasing an additional 193 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla’s China-made Model 3 and Model Y sales have rebounded for a sixth straight month, and imports into Europe are rising, reinforcing signs that overseas demand is improving. Tesla Stock Is on a Winning Streak with China-Made EVs. Its Imports to Europe Are Increasing.
Positive Sentiment: Piper Sandler reiterated an Overweight rating and a $500 price target, saying investors may be “buying Optimus for free,” which supports the bull case around Tesla’s AI and robotics value. Tesla: Buying at these levels means you get Optimus for ‘free’, Piper Sandler says
Positive Sentiment: Investors are also bidding up the stock on expectations for more AI and autonomous-driving news, including robotaxi expansion and possible China Full Self-Driving progress. Tesla Stock Is Starting a Run Higher. Thank China AI.
Positive Sentiment: Tesla’s AI Vision safety claims and broader robotaxi commentary are helping keep sentiment focused on the company’s longer-term autonomy story rather than just EV sales. Elon Musk Says Tesla AI Vision Deploys Airbags ‘Before Impact’ To Cut Injury, Death Risk, Upgrade ‘Comes For Free On All New Cars’
Neutral Sentiment: Reports that Tesla has built its final Model S and Model X vehicles mark an end of an era, but the impact on the stock is unclear since those models are a smaller part of the growth story now. End of an era: Tesla has built its final Model S and Model X vehicles
Negative Sentiment: Tesla also faces overhangs from a Cybertruck recall and renewed competitive pressure in the EV market, which could temper enthusiasm if execution issues persist. Tesla recalls every Cybertruck RWD ever sold — all 173 of them — because the wheels could fall off
Negative Sentiment: One article argues investors should favor Alphabet’s driverless-car exposure instead of Tesla, highlighting that some market participants still see more attractive valuations elsewhere in autonomous driving. Forget Tesla, Investors Should Buy Alphabet Stock Instead

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 80,213 shares of company stock valued at $30,851,105 over the last quarter. Company insiders own 19.90% of the company’s stock.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $444.92 on Tuesday. The firm has a market capitalization of $1.67 trillion, a P/E ratio of 408.18, a P/E/G ratio of 16.31 and a beta of 1.79. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The stock’s 50-day simple moving average is $383.61 and its two-hundred day simple moving average is $418.25. Tesla, Inc. has a twelve month low of $273.21 and a twelve month high of $498.83.

Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same period in the prior year, the business earned $0.27 EPS. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. As a group, equities analysts anticipate that Tesla, Inc. will post 1.25 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TSLA has been the topic of a number of analyst reports. Glj Research reiterated a “sell” rating on shares of Tesla in a research note on Tuesday, April 21st. Royal Bank Of Canada reiterated a “buy” rating on shares of Tesla in a research note on Monday, April 27th. Tigress Financial initiated coverage on Tesla in a research note on Monday, April 27th. They set a “buy” rating on the stock. Mizuho decreased their price objective on Tesla from $540.00 to $480.00 and set an “outperform” rating on the stock in a research note on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Tesla in a research note on Monday, April 27th. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Tesla has an average rating of “Hold” and a consensus target price of $398.42.

Check Out Our Latest Stock Report on Tesla

Tesla 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.