Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Tesla, Inc. (NASDAQ:TSLA). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Tesla stock on May 29th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
Tesla Price Performance
Shares of TSLA stock traded down $14.82 during mid-day trading on Wednesday, hitting $381.86. The company had a trading volume of 49,112,859 shares, compared to its average volume of 60,125,891. Tesla, Inc. has a 52-week low of $288.77 and a 52-week high of $498.83. The stock’s 50 day moving average price is $396.77 and its 200-day moving average price is $416.12. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The company has a market capitalization of $1.43 trillion, a P/E ratio of 350.33, a P/E/G ratio of 16.15 and a beta of 1.80.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after purchasing an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock worth $2,147,000 after purchasing an additional 931 shares during the last quarter. Bison Wealth LLC grew its holdings in shares of Tesla by 52.2% in the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock worth $4,187,000 after purchasing an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in Tesla by 9.1% in the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock worth $3,855,000 after acquiring an additional 1,011 shares during the period. Finally, AGP Franklin LLC lifted its stake in Tesla by 21.2% in the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after acquiring an additional 851 shares during the period. Institutional investors own 66.20% of the company’s stock.
Trending Headlines about Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla received fresh support from Wall Street, including a major JPMorgan price-target reset and Piper Sandler commentary arguing the market is underestimating Tesla’s autonomy, robotics, and physical AI potential. JPMorgan Just Dramatically Reversed Course on Tesla Because TSLA Stock Has Massive Physical AI Potential
- Positive Sentiment: Regulatory wins in Europe continue to bolster the Full Self-Driving narrative, including authorization to sell supervised self-driving technology in Belgium and reports of strong Dutch safety data showing fewer crashes. Tesla gets go-ahead to sell self-driving technology in Belgium
- Positive Sentiment: Analysts are also highlighting Tesla’s China rebound, with May retail sales up 22.5% year over year and exports from Shanghai improving, which supports demand optimism. What Drove Tesla China's 22.5% Y/Y Sales Growth in May?
- Positive Sentiment: Optimism around Tesla’s long-term growth story remains tied to robotaxis, Optimus, and AI-related projects, with multiple recent pieces framing the company as more than just an EV maker. “Sub-50 Pence Per Hour” Tesla Stock (NASDAQ:TSLA) Sinks as BYD Picks Up Charger Fight
- Neutral Sentiment: Elon Musk’s SpaceX IPO and merger speculation are creating a lot of noise around TSLA, but the impact is uncertain and may be adding volatility rather than clear fundamentals. Musk Looks to an Army of Loyalists to Help Make Him a Trillionaire
- Neutral Sentiment: Insider selling by CFO Vaibhav Taneja was disclosed, but it was tied to tax withholding on equity awards, making it more routine than alarming. Vaibhav Taneja Sells 2,606 Shares of Tesla (NASDAQ:TSLA) Stock
- Negative Sentiment: Broader risk-off trading, including weakness in tech and semiconductors and Middle East tensions lifting oil prices, has weighed on TSLA sentiment despite the company-specific positives. Tesla stock slips another 1.5% today: what’s behind the recent decline?
- Negative Sentiment: Competition is intensifying, especially from BYD’s charging push and Rivian’s lower-priced SUV launch, which could pressure Tesla’s EV growth narrative. BYD Spending €2B on 5-Minute Charging Stations to Slam the Brakes on Rival Tesla
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the stock. Jefferies Financial Group restated a “neutral” rating on shares of Tesla in a research report on Wednesday, April 22nd. Sanford C. Bernstein upgraded shares of Tesla from an “underperform” rating to an “outperform” rating in a research report on Friday, June 5th. Tigress Financial assumed coverage on shares of Tesla in a research report on Monday, April 27th. They issued a “buy” rating on the stock. Erste Group Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, The Goldman Sachs Group assumed coverage on shares of Tesla in a research report on Friday, June 5th. They issued a “buy” rating on the stock. Twenty-two analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, Tesla currently has an average rating of “Hold” and a consensus target price of $404.37.
Get Our Latest Stock Analysis on Tesla
Insider Transactions at Tesla
In related news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 company’s stock in a transaction dated 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 completion of the sale, 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 sold 57,824 shares of company stock valued at $21,657,588. 19.90% of the stock is owned by insiders.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Tesla
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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