Triton Wealth Management PLLC Has $5.75 Million Stake in Tesla, Inc. $TSLA

Triton Wealth Management PLLC grew its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 30.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 15,059 shares of the electric vehicle producer’s stock after acquiring an additional 3,536 shares during the quarter. Tesla comprises approximately 2.1% of Triton Wealth Management PLLC’s investment portfolio, making the stock its 11th largest position. Triton Wealth Management PLLC’s holdings in Tesla were worth $5,748,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of TSLA. Simplicity Wealth LLC raised its position in shares of Tesla by 10.0% in the 1st quarter. Simplicity Wealth LLC now owns 28,730 shares of the electric vehicle producer’s stock valued at $10,680,000 after acquiring an additional 2,619 shares during the period. Candriam S.C.A. grew its holdings in Tesla by 11.6% during the first quarter. Candriam S.C.A. now owns 293,400 shares of the electric vehicle producer’s stock valued at $109,071,000 after purchasing an additional 30,611 shares during the period. Sequoia Financial Advisors LLC grew its holdings in Tesla by 3.8% during the first quarter. Sequoia Financial Advisors LLC now owns 113,896 shares of the electric vehicle producer’s stock valued at $42,341,000 after purchasing an additional 4,193 shares during the period. Walled Lake Planning & Wealth Management LLC increased its stake in Tesla by 2.4% in the first quarter. Walled Lake Planning & Wealth Management LLC now owns 1,224 shares of the electric vehicle producer’s stock valued at $455,000 after purchasing an additional 29 shares in the last quarter. Finally, AlpenGlobal Capital LLC acquired a new stake in Tesla in the first quarter worth $13,350,000. 66.20% of the stock is owned by institutional investors.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Q2 2026 deliveries came in at a record 480,126 vehicles, beating expectations and reinforcing that demand remains resilient. Elon Musk Has Mojo Back, As Tesla Quarterly Deliveries Skyrocket
• Positive Sentiment: Tesla gained share in China, and the Model Y reclaimed the country’s best-selling vehicle title in June, helping support the bull case for international growth. Tesla Faces Possible Robotaxi Ban In New Jersey, But It Gains Market Share In China
• Positive Sentiment: UBS raised its price target on Tesla to $442 from $364, while RBC lifted its target to $500, signaling continued Wall Street confidence in the stock’s longer-term upside. Tesla (NASDAQ:TSLA) Given New $442.00 Price Target at UBS Group
• Neutral Sentiment: Analyst commentary remains mixed: Citizens started coverage with a Hold/Market Perform stance, and Zacks trimmed several future EPS estimates even as it raised its FY2026 forecast. Tesla Stock: Citizens Begins Coverage of TSLA with Caution on Physical AI Timeline
• Negative Sentiment: Investors are still worried that Robotaxi and Optimus may take longer to scale, with multiple reports saying the valuation already prices in a faster rollout than the business can currently deliver. The Massive Valuation Risk Keeping Tesla Stock From Breaking Out
• Negative Sentiment: Regulatory risk remains an overhang, including a proposed New Jersey bill that could restrict Tesla’s self-driving efforts because it does not rely on radar and lidar. Tesla Faces Possible Robotaxi Ban In New Jersey, But It Gains Market Share In China
• Negative Sentiment: Legal and governance concerns around Elon Musk and Tesla’s autonomy claims continue to weigh on sentiment, including fresh scrutiny of Musk’s SEC settlement and ongoing lawsuits tied to Autopilot and workplace issues. Elon Musk SEC Settlement Raises ‘Red Flags,’ Judge Says

Insider Transactions at Tesla

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction that occurred 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 $18,300,145.89. This trade represents a 35.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of Tesla 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 owned 18,106 shares in the company, valued at $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 32,015 shares of company stock valued at $12,383,640. 19.90% of the stock is owned by corporate insiders.

Tesla Stock Up 0.3%

TSLA traded up $1.21 during trading on Friday, hitting $407.76. The company had a trading volume of 33,333,565 shares, compared to its average volume of 42,504,768. The company has a market capitalization of $1.53 trillion, a PE ratio of 374.09, a PEG ratio of 14.89 and a beta of 1.80. 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 one year low of $297.82 and a one year high of $498.83. The firm’s 50-day moving average price is $410.46 and its 200 day moving average price is $409.23.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) 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 the consensus estimate of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter last year, the business posted $0.27 EPS. As a group, equities analysts expect that Tesla, Inc. will post 1.3 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TSLA shares. The Goldman Sachs Group assumed coverage on shares of Tesla in a report on Friday, June 5th. They issued a “buy” rating for the company. Canaccord Genuity Group lifted their target price on Tesla from $420.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Citigroup initiated coverage on Tesla in a research note on Thursday. They issued a “market perform” rating for the company. Erste Group Bank raised Tesla from a “sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Tesla in a report on Monday, June 1st. Twenty-one research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $406.87.

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.