--- title: "Kimbal Musk Sells 91,588 Shares of Tesla, Inc. (NASDAQ:TSLA) Stock" description: "Kimbal Musk, Director of Tesla, Inc. (NASDAQ:TSLA), sold 91,588 shares at an average price of $357.39, totaling approximately $32.73 million. This sale reduced his ownership by 5.89%, leaving him with" type: "news" locale: "en" url: "https://longbridge.com/en/news/242503682.md" published_at: "2025-05-30T03:25:08.000Z" --- # Kimbal Musk Sells 91,588 Shares of Tesla, Inc. (NASDAQ:TSLA) Stock > Kimbal Musk, Director of Tesla, Inc. (NASDAQ:TSLA), sold 91,588 shares at an average price of $357.39, totaling approximately $32.73 million. This sale reduced his ownership by 5.89%, leaving him with 1,463,220 shares valued at about $522.94 million. The transaction was disclosed to the SEC. Tesla's stock rose 0.4% to $358.43, with a market cap of $1.15 trillion. Analysts have mixed ratings on Tesla, with a consensus rating of "Hold" and a price target of $293.97. Tesla, Inc. (NASDAQ:TSLA - Get Free Report) Director Kimbal Musk sold 91,588 shares of the stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $357.39, for a total value of $32,732,635.32. Following the sale, the director now owns 1,463,220 shares in the company, valued at $522,940,195.80. The trade was a 5.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. ## Tesla Stock Up 0.4% - Uber Stock Ready to Ride Higher on Waymo Partnership NASDAQ TSLA traded up $1.53 during mid-day trading on Thursday, hitting $358.43. The company's stock had a trading volume of 87,801,445 shares, compared to its average volume of 97,851,204. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. The company's 50 day simple moving average is $285.70 and its 200 day simple moving average is $333.80. Tesla, Inc. has a twelve month low of $167.41 and a twelve month high of $488.54. The firm has a market capitalization of $1.15 trillion, a price-to-earnings ratio of 175.70, a PEG ratio of 5.86 and a beta of 2.43. Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The electric vehicle producer reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.26). Tesla had a return on equity of 10.31% and a net margin of 7.26%. The company had revenue of $19.34 billion for the quarter, compared to the consensus estimate of $22.93 billion. During the same period in the prior year, the firm posted $0.45 earnings per share. Analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. ## Institutional Investors Weigh In On Tesla - Tesla: Why Analysts Think It Could Jump Another 47% Large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Tesla by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 246,887,705 shares of the electric vehicle producer's stock worth $63,983,418,000 after acquiring an additional 3,694,524 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Tesla by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 61,011,604 shares of the electric vehicle producer's stock worth $24,566,217,000 after acquiring an additional 1,655,203 shares during the period. Norges Bank bought a new position in Tesla in the 4th quarter worth about $14,420,248,000. FMR LLC grew its stake in Tesla by 40.1% during the fourth quarter. FMR LLC now owns 34,661,400 shares of the electric vehicle producer's stock valued at $13,997,660,000 after acquiring an additional 9,920,325 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Tesla by 21.6% in the fourth quarter. Northern Trust Corp now owns 28,579,615 shares of the electric vehicle producer's stock worth $11,541,592,000 after purchasing an additional 5,075,418 shares during the period. 66.20% of the stock is owned by hedge funds and other institutional investors. ## Analyst Upgrades and Downgrades A number of equities research analysts have commented on the stock. Cowen raised shares of Tesla from a "hold" rating to a "buy" rating in a report on Thursday, March 6th. Argus set a $410.00 price target on shares of Tesla in a report on Thursday, April 24th. Robert W. Baird dropped their price objective on shares of Tesla from $370.00 to $320.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Barclays decreased their price objective on Tesla from $325.00 to $275.00 and set an "equal weight" rating on the stock in a research report on Monday, April 21st. Finally, Truist Financial set a $280.00 target price on Tesla in a research report on Tuesday, April 22nd. Ten research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $293.97. - Alphabet Stock Lags—But Waymo May Be Its Hidden Driver **Read Our Latest Stock Analysis on Tesla** ## Tesla Company Profile (Get Free Report) Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services. ## Further Reading - Five stocks we like better than Tesla - What is the MACD Indicator and How to Use it in Your Trading - Hormel Stock Near Lows, But Tariff Relief Could Boost Outlook - Russell 2000 Index, How Investors Use it For Profitable Trading - 3 Different Ways to Add Gold to Your Portfolio - The Risks of Owning Bonds - Coca-Cola Stock Has Momentum, PepsiCo May Be the Better Buy *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Tesla Right Now? Before you consider Tesla, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tesla wasn't on the list. While Tesla currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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