Steadtrust LLC Invests $592,000 in Tesla, Inc. $TSLA
- by lulegacy
- Mar 19, 2026
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Key Points
Steadtrust LLC purchased a new stake in Tesla (NASDAQ:TSLA) in the third quarter of 1,332 shares valued at approximately $592,000, and institutional investors collectively own about 66.20% of the company.
Tesla announced major strategic developments — a $4.3 billion LG Energy Solution battery deal for a U.S. plant, Samsung's plan to volume‑produce Tesla AI chips in Texas by late 2027, and sustained demand with the Model Y — but faces risks from Nvidia competition, autonomy (FSD) skepticism and potential large capital needs for its "Terafab" project.
Insiders have been net sellers recently (Director James R. Murdoch sold 60,000 shares for about $26.7 million), with ~87,995 shares sold (~$38.3 million) over the last three months, while Tesla trades at a high P/E (~364) and carries a MarketBeat consensus rating of Hold (target ~$406.84). 3 ETFs to Avoid as Oil Shock Hits Markets
Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. During the same quarter in the previous year, the business earned $0.73 EPS. The firm's revenue was down 3.1% on a year-over-year basis. On average, research analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of analysts have commented on TSLA shares. JPMorgan Chase & Co. decreased their target price on Tesla from $150.00 to $145.00 and set an "underweight" rating on the stock in a research report on Friday, January 30th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research note on Tuesday, January 27th. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a research report on Thursday, January 29th. Glj Research reissued a "sell" rating on shares of Tesla in a research note on Thursday, March 12th. Finally, DZ Bank restated a "sell" rating on shares of Tesla in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. According to MarketBeat.com, Tesla has a consensus rating of "Hold" and a consensus target price of $406.84.
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