Tesla (NASDAQ:TSLA) Shares Down 1.6% - Here's Why
- by lulegacy
- Mar 18, 2026
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Key Points
Shares down 1.6% — TSLA fell to about $392.78 on Wednesday with roughly 50.3M shares traded, a 17% drop versus average session volume.
$4.3B US battery deal and chip supply progress — Tesla and LG Energy Solution agreed to build an LFP cell plant in Michigan for Megapack 3, and Samsung plans volume production of Tesla chips starting in late 2027, which should reduce China reliance and help scale energy‑storage and AI/robotaxi hardware.
Rising competition and regulatory risk — Nvidia, Lucid, Uber and several OEMs adopting Nvidia DRIVE threaten Tesla’s full‑stack autonomy advantage, while losses of direct‑sales rights and new EV entrants (e.g., BMW i3) could pressure FSD monetization and market share. 3 ETFs to Avoid as Oil Shock Hits Markets
Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company's revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.73 EPS. On average, equities research analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the transaction, the director owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 87,995 shares of company stock valued at $38,315,650. 19.90% of the stock is currently owned by insiders.
Institutional Trading of Tesla
Large investors have recently bought and sold shares of the business. Networth Advisors LLC acquired a new position in Tesla in the 4th quarter valued at about $26,000. Chapman Financial Group LLC purchased a new stake in shares of Tesla during the second quarter worth approximately $26,000. Davidson Capital Management Inc. lifted its holdings in shares of Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 27 shares during the period. Manning & Napier Advisors LLC acquired a new position in Tesla in the 3rd quarter valued at $29,000. Finally, CoreFirst Bank & Trust purchased a new position in Tesla during the 2nd quarter worth $30,000. Institutional investors and hedge funds own 66.20% of the company's stock.
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