Tesla, Inc. $TSLA Shares Sold by Channel Wealth LLC
- by lulegacy
- May 09, 2026
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Key Points
Channel Wealth LLC cut its Tesla stake by 29.4% in the fourth quarter, selling 1,303 shares and leaving it with 3,132 shares valued at about $1.41 million.
Tesla is seeing several positive operational developments, including a 36% rise in China-made EV sales in April, a record $100 million Semi truck order, and the Model Y passing new U.S. driver-assistance tests.
Despite those positives, Tesla still faces mixed sentiment: analysts have a consensus “Hold” rating, and the company continues to deal with a large recall tied to rearview camera delays. MarketBeat Week in Review – 04/20 - 04/24
In other news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction dated Friday, March 6th. The stock was 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 in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares of the company's stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 80,213 shares of company stock valued at $30,851,105 in the last three months. Company insiders own 19.90% of the company's stock.
Tesla Price Performance
Tesla stock opened at $428.35 on Friday. Tesla, Inc. has a 52-week low of $273.21 and a 52-week high of $498.83. The firm has a fifty day moving average of $382.66 and a 200-day moving average of $418.37. The firm has a market capitalization of $1.61 trillion, a P/E ratio of 392.98, a PEG ratio of 15.68 and a beta of 1.79. 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 (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same quarter in the prior year, the business earned $0.27 earnings per share. The business's quarterly revenue was up 15.8% compared to the same quarter last year. As a group, analysts predict that Tesla, Inc. will post 1.25 EPS for the current year.
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