Mirae Asset Global Investments Co. Ltd. Acquires 9,463 Shares of Tesla, Inc. $TSLA
- by lulegacy
- Jan 30, 2026
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Key Points
Mirae Asset Global Investments raised its Tesla stake by 9,463 shares (0.6%), bringing its total to 1,667,108 shares (about $741.4 million and ~0.05% of Tesla), making TSLA its 9th largest holding.
Tesla beat Q4 estimates (EPS $0.50 vs. $0.45; revenue $24.90B vs. $24.75B) but reported a year‑over‑year revenue decline and disclosed a ~$2B investment in xAI plus plans for >$20B capex in 2026 to fund robotaxi/Optimus efforts—moves that could re-rate the stock if successful but increase near‑term cash burn and execution risk; shares were down ~3.5% with mixed analyst ratings. Mega-Cap Earnings Could Decide the Tech Sector’s Next Big Move
Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.93% and a net margin of 4.00%.Tesla's revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.73 EPS. Research analysts predict that Tesla, Inc. will post 2.56 EPS for the current year.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on TSLA. China Renaissance lifted their price target on Tesla from $349.00 to $380.00 and gave the stock a "hold" rating in a research note on Friday, October 24th. Needham & Company LLC restated a "hold" rating on shares of Tesla in a report on Thursday. Truist Financial dropped their target price on shares of Tesla from $439.00 to $438.00 and set a "hold" rating for the company in a report on Thursday. Evercore ISI increased their target price on shares of Tesla from $235.00 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, October 29th. Finally, Melius Research set a $520.00 price target on shares of Tesla and gave the stock a "buy" rating in a research report on Monday, October 13th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and eight have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Tesla currently has an average rating of "Hold" and an average price target of $410.86.
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