Tesla ( (TSLA) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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New trading tool for TSLA bearsTesla shares continue to trade near record territory, changing hands around $396 and valuing the company at about $1.5 trillion, even after a pullback from a $498 high. Ownership is widely spread: public companies and retail investors hold just over a third of the stock, while insiders, ETFs, mutual funds, and other institutions control the rest, with CEO Elon Musk and Vanguard among the largest holders.
Wall Street remains cautious on Tesla, with a Hold consensus and an average price target of about $399 per share, implying little near‑term upside after a roughly 50% gain over the past year. Still, the company is pushing ahead on innovation, from a patented monolithic composite seat design likely tied to the upcoming Roadster, to building one of the most complete EV battery supply chains in the West, and pursuing Boring Company tunnel projects such as the contested Nashville loop.