Tesla (NASDAQ:TSLA) CFO Vaibhav Taneja Sells 2,606 Shares of Stock

Posted by Brenda Bartman on Jun 10th, 2026

Tesla, Inc. (NASDAQ:TSLA – Get Free Report) CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Vaibhav Taneja also recently made the following trade(s):

On Wednesday, May 13th, Vaibhav Taneja sold 3,000 shares of Tesla stock. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00.

Tesla Stock Down 3.0%

Shares of NASDAQ:TSLA opened at $396.68 on Wednesday. The firm’s 50 day moving average price is $396.77 and its 200 day moving average price is $416.12. The stock has a market cap of $1.49 trillion, a price-to-earnings ratio of 363.93, a price-to-earnings-growth ratio of 16.15 and a beta of 1.80. Tesla, Inc. has a fifty-two week low of $288.77 and a fifty-two week high of $498.83. 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 (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm’s revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.27 earnings per share. As a group, equities research analysts predict that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TSLA. Benchmark reissued a “buy” rating on shares of Tesla in a report on Wednesday, February 11th. President Capital raised their price objective on shares of Tesla from $424.00 to $428.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Royal Bank Of Canada reissued a “buy” rating on shares of Tesla in a report on Monday, April 27th. DZ Bank raised shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price objective on the stock in a report on Friday, April 24th. Finally, Roth Mkm reissued a “buy” rating on shares of Tesla in a report on Thursday, April 23rd. Twenty-two equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $404.37.

Check Out Our Latest Stock Report on TSLA

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

Positive Sentiment: JPMorgan sharply raised its Tesla price target from $145 to $475 and shifted its stance away from a bearish view, arguing that the market is undervaluing Tesla’s potential in autonomy, robotics, energy storage, and infrastructure licensing.
Positive Sentiment: Reports that Tesla is rolling out unsupervised robotaxis in the Austin metro area are reinforcing the company’s autonomy narrative and supporting optimism about future software-driven revenue growth.
Positive Sentiment: News that Tesla won approval for FSD expansion in Denmark, along with encouraging Dutch safety results showing fewer crashes, adds credibility to the company’s self-driving push and could help the case for a broader European rollout.
Positive Sentiment: Tesla CEO Elon Musk’s plans for a SpaceX IPO, combined with widespread speculation about a possible future merger or deeper collaboration between SpaceX and Tesla, have fueled investor excitement around Musk’s broader AI and tech empire.
Positive Sentiment: Commentary highlighting Tesla’s strong China retail sales and export growth has provided another support point for bulls who see demand still holding up in key international markets.
Neutral Sentiment: Tesla CFO Vaibhav Taneja sold shares to cover tax withholding obligations related to equity awards, a routine insider transaction that is not necessarily a negative signal for the business.
Neutral Sentiment: Several articles emphasized Tesla’s valuation debate, with bears still arguing the stock remains expensive versus current earnings, even as bulls focus on long-term growth from robotics and autonomous driving.
Negative Sentiment: Some traders reported pressure on TSLA as investors rotated out of high-valuation tech names and questioned whether enthusiasm around SpaceX and Musk’s side projects could distract from Tesla’s core execution.

Hedge Funds Weigh In On Tesla

A number of institutional investors have recently modified their holdings of TSLA. Crestwood Advisors Group LLC boosted 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 worth $8,799,000 after purchasing an additional 5,039 shares in the last quarter. Gamco Investors INC. ET AL boosted 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 worth $14,487,000 after purchasing an additional 7,446 shares in the last quarter. China Universal Asset Management Co. Ltd. boosted 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 worth $21,571,000 after purchasing an additional 3,935 shares in the last quarter. Calamos Wealth Management LLC boosted 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 worth $18,846,000 after purchasing an additional 2,341 shares in the last quarter. Finally, Willis Johnson & Associates Inc. raised its stake in shares of Tesla by 21.6% during the 3rd quarter. Willis Johnson & Associates Inc. now owns 8,917 shares of the electric vehicle producer’s stock worth $3,965,000 after buying an additional 1,582 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

About Tesla

(Get 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.