MFG Wealth Management Inc. Trims Stock Position in Tesla, Inc. $TSLA
MFG Wealth Management Inc. reduced its stake in Tesla, Inc. by 45.4% in the 3rd quarter, selling 3,924 shares. The remaining 4,717 shares are valued at $2,098,000. Tesla's stock opened at $481.20, with a market cap of $1.60 trillion. Analysts are bullish, with Deutsche Bank raising its target to $500. Tesla committed $1.2B to battery production in Germany, supporting long-term EV supply.