ING Groep NV Has $171.02 Million Holdings in Tesla, Inc. $TSLA
- by lulegacy
- Jun 07, 2026
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Key Points
ING Groep NV cut its Tesla stake by 53.5% in the fourth quarter, selling 438,386 shares and ending with 380,271 shares valued at about $171.0 million. Tesla still represents roughly 1% of ING’s portfolio and remains its 18th-largest holding.
Tesla reported Q1 earnings of $0.41 per share, topping estimates, while revenue reached $22.39 billion and rose 15.8% year over year. However, revenue came in below analyst expectations, and the stock was noted as trading down 6.6% around the time of the article.
Analysts remain mixed on Tesla despite some upgrades: Sanford C. Bernstein and Evercore turned more positive, while the average Wall Street rating is still Hold with a consensus price target of $404.37. The article also highlights growing bullish commentary around Tesla’s AI, robotics, and robotaxi ambitions, alongside ongoing valuation and execution concerns. Insider Activity at Tesla
In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the company's stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the sale, the chief financial officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 that occurred on 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 completion of the sale, the director directly owned 48,399 shares of the company's stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 55,218 shares of company stock valued at $20,609,455 in the last ninety days. Insiders own 19.90% of the company's stock.
Tesla Trading Down 6.6%
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