Tesla, Inc. $TSLA Shares Acquired by Axxcess Wealth Management LLC
- by lulegacy
- May 22, 2026
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Key Points
Axxcess Wealth Management sharply increased its Tesla stake by 1,324.1% in the fourth quarter, buying 859,130 additional shares to bring its total holdings to 924,013 shares worth about $400.1 million.
Tesla reported Q1 earnings of $0.41 per share, topping analyst expectations of $0.39, while revenue rose 15.8% year over year to $22.39 billion, though that still came in below estimates.
Analyst sentiment remains mixed, with Tesla carrying a consensus Hold rating and a target price of $395.20, even as some firms maintain buy ratings and others keep sell calls in place. ';ad_container.style.height='auto';}},3000);How Bad Could Tesla’s Cybertruck Recall Be for Shares?
Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $22.96 billion. During the same period in the prior year, the company earned $0.27 EPS. Tesla's revenue was up 15.8% on a year-over-year basis. As a group, analysts expect that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.
Insider Transactions at Tesla
In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the company's stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the sale, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $8,147,700. This represents a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company's stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the sale, the director directly owned 48,399 shares of the company's stock, valued at $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 83,213 shares of company stock valued at $32,201,105 over the last ninety days. Insiders own 19.90% of the company's stock.
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