Kingsview Wealth Management LLC Grows Position in Tesla, Inc. $TSLA

Posted by Francis Steltz on May 28th, 2026

Kingsview Wealth Management LLC grew its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 52,714 shares of the electric vehicle producer’s stock after buying an additional 2,045 shares during the period. Kingsview Wealth Management LLC’s holdings in Tesla were worth $23,706,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Smith Chas P & Associates PA Cpas increased its position in Tesla by 112.5% during the fourth quarter. Smith Chas P & Associates PA Cpas now owns 1,394 shares of the electric vehicle producer’s stock worth $627,000 after buying an additional 738 shares in the last quarter. Eaton Financial Holdings Company LLC increased its position in Tesla by 3.8% during the fourth quarter. Eaton Financial Holdings Company LLC now owns 7,946 shares of the electric vehicle producer’s stock worth $3,574,000 after buying an additional 291 shares in the last quarter. Leeward Financial Partners LLC increased its position in Tesla by 11.4% during the fourth quarter. Leeward Financial Partners LLC now owns 549 shares of the electric vehicle producer’s stock worth $247,000 after buying an additional 56 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc increased its position in Tesla by 11.3% during the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 7,640 shares of the electric vehicle producer’s stock worth $3,436,000 after buying an additional 777 shares in the last quarter. Finally, Community Bank & Trust Waco Texas increased its position in Tesla by 1.7% during the fourth quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock worth $711,000 after buying an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Stories Impacting Tesla

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

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was 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 owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following 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 position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 57,482 shares of company stock valued at $21,508,331. 19.90% of the stock is owned by company insiders.

Tesla Price Performance

Shares of NASDAQ:TSLA opened at $440.36 on Thursday. 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 quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 52 week low of $273.21 and a 52 week high of $498.83. The business has a fifty day simple moving average of $390.12 and a 200-day simple moving average of $416.18.

Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating 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 business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter in the previous year, the business earned $0.27 earnings per share. The business’s revenue for the quarter was up 15.8% on a year-over-year basis. Equities research analysts forecast that Tesla, Inc. will post 1.2 EPS for the current year.

Analyst Ratings Changes

TSLA has been the subject of several recent research reports. China Renaissance dropped their price target on Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a research report on Monday, April 27th. Wells Fargo & Company lowered their price objective on Tesla from $130.00 to $125.00 and set an “underweight” rating for the company in a research report on Thursday, January 29th. Stifel Nicolaus set a $508.00 price objective on Tesla in a research report on Thursday, January 29th. Mizuho lowered their price objective on Tesla from $540.00 to $480.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $395.20.

View Our Latest Research Report on TSLA

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.

Featured Articles

Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).

Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.