Key insights
- A Tesla director sold ~$10M in TSLA shares after exercising stock options. InvestingPro suggests the stock is overvalued. Cantor Fitzgerald is Overweight with a $510 target, while Barclays is Equalweight with a $360 target. Tesla's Q1 was strong, but Portugal registrations declined. Overall, the insider selling and mixed analyst opinions create a slightly negative signal.
Kathleen Wilson-Thompson, a director at Tesla, Inc. (NASDAQ:TSLA), sold common stock totaling approximately $9.98 million on April 30, 2026. The transactions involved 27,389 shares, with prices ranging from $369.01 to $384.284 per share. Tesla shares currently trade at $392.51, with the stock up 37% over the past year despite a 13% decline year-to-date. According to InvestingPro analysis, the stock appears overvalued at current levels, trading at a P/E ratio of 361.
These sales followed the exercise of 40,948 non-qualified stock options, acquired at a price of $14.99 per share for a total value of $613,810. The options, which were fully vested by June 18, 2022, allowed Ms. Wilson-Thompson to acquire common stock.
All reported transactions were executed under a Rule 10b5-1 trading plan established by Ms. Wilson-Thompson on November 26, 2025. Following these transactions, Ms. Wilson-Thompson directly holds 48,399 shares of Tesla common stock. For deeper insights into Tesla’s valuation and insider activity, InvestingPro offers comprehensive Pro Research Reports covering over 1,400 US equities with expert analysis and actionable intelligence.
In other recent news, Tesla reported a strong first-quarter performance, exceeding expectations in revenue, gross margin, and earnings. The company also posted a first-quarter free cash flow of $1,444 million, surpassing consensus estimates of negative $1,780 million, as noted by Cantor Fitzgerald, which reiterated an Overweight rating with a $510.00 price target. Meanwhile, Barclays maintained an Equalweight rating on Tesla, setting a price target of $360.00, as the company filed to register approximately 304 million shares to CEO Elon Musk as part of his 2018 compensation package.
In Portugal, Tesla registrations fell by 32.8% in April compared to the same month last year, reaching 203 units, according to the country’s automobile industry association ACAP. This decline contrasts with a 34.6% increase in fully-electric passenger car sales in the broader Portuguese market. In China, Goldman Sachs reported a 1% decline in Tesla’s weekly orders during Week 17 of 2026, while domestic brands like HIMA and Nio saw significant gains. HIMA’s impressive growth was attributed to new model launches, including the Seres M6 EV and EREV models.
Additionally, NIO introduced the ONVO L80 SUV, a large five-seat vehicle with a pre-sale price below that of Tesla’s Model Y, aiming to capture the family SUV segment. The L80, built on NIO’s NT 3.0 platform, began taking pre-orders, with deliveries expected to start on May 15.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.