Tesla (NASDAQ:TSLA) Earns "Buy" Rating from Royal Bank Of Canada
- by lulegacy
- Jan 02, 2026
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Key Points
Royal Bank of Canada reaffirmed a Buy rating on Tesla with a $500 price target, implying roughly a 14% upside from the prior close.
Tesla shares fell about 2.6% to $438.02 after Q4 deliveries missed consensus and annual sales declined, while BYD overtook Tesla as the world’s top BEV seller, highlighting near‑term demand and pricing pressures.
Notable insider selling was reported — CFO Vaibhav Taneja and director Kimbal Musk sold shares recently — although corporate insiders still own about 19.9% of the company. After Four Red Days in a Row, Is Tesla’s Rally in Trouble?
In related news, CFO Vaibhav Taneja sold 2,637 shares of the business's stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares in the company, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director directly owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 19.90% of the company's stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Siren L.L.C. acquired a new position in Tesla in the 1st quarter worth approximately $2,332,000. Norges Bank acquired a new position in Tesla during the second quarter valued at $11,839,824,000. Police & Firemen s Retirement System of New Jersey boosted its holdings in Tesla by 5.6% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer's stock valued at $135,688,000 after purchasing an additional 22,607 shares during the last quarter. Strs Ohio acquired a new stake in Tesla during the 1st quarter worth about $205,495,000. Finally, AustralianSuper Pty Ltd raised its stake in shares of Tesla by 1,823.0% during the 2nd quarter. AustralianSuper Pty Ltd now owns 68,325 shares of the electric vehicle producer's stock valued at $21,704,000 after buying an additional 64,772 shares during the last quarter. Institutional investors own 66.20% of the company's stock.
Key Tesla News
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