Rep. Marjorie Taylor Greene Purchases Shares of Tesla, Inc. (NASDAQ:TSLA)

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Tesla, Inc. (NASDAQ:TSLA). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Tesla stock on March 7th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of CrowdStrike (NASDAQ:CRWD) on 3/7/2025.
• Purchased $1,001 – $15,000 in shares of Dollar General (NYSE:DG) on 3/7/2025.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 3/7/2025.
• Purchased $15,001 – $50,000 in shares of iShares Bitcoin Trust (NASDAQ:IBIT) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Dollar General (NYSE:DG) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Impinj (NASDAQ:PI) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 2/12/2025.

Tesla Stock Down 15.4 %

Shares of TSLA opened at $222.15 on Tuesday. The firm has a market cap of $714.55 billion, a P/E ratio of 108.90, a P/E/G ratio of 5.86 and a beta of 2.50. The stock has a 50 day simple moving average of $363.87 and a two-hundred day simple moving average of $319.46. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. Tesla, Inc. has a 1 year low of $138.80 and a 1 year high of $488.54.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, January 29th. The electric vehicle producer reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.08). Tesla had a return on equity of 10.31% and a net margin of 7.26%. On average, analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Analyst Ratings Changes

TSLA has been the subject of several recent research reports. TD Cowen upgraded Tesla from a “hold” rating to a “buy” rating and boosted their price objective for the company from $180.00 to $388.00 in a research report on Friday. Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research report on Monday, February 10th. Wells Fargo & Company boosted their price objective on Tesla from $125.00 to $135.00 and gave the company an “underweight” rating in a research report on Thursday, January 30th. The Goldman Sachs Group reiterated a “cautious” rating on shares of Tesla in a research report on Monday, March 3rd. Finally, Stifel Nicolaus lowered their price objective on Tesla from $492.00 to $474.00 and set a “buy” rating for the company in a research report on Monday, February 10th. Nine equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Tesla has an average rating of “Hold” and an average target price of $326.31.

Hedge Funds Weigh In On Tesla

Several institutional investors and hedge funds have recently modified their holdings of the stock. Hengehold Capital Management LLC increased its holdings in Tesla by 1.8% in the 4th quarter. Hengehold Capital Management LLC now owns 1,347 shares of the electric vehicle producer’s stock worth $544,000 after buying an additional 24 shares in the last quarter. Strategic Investment Advisors MI increased its holdings in Tesla by 0.3% in the 4th quarter. Strategic Investment Advisors MI now owns 6,990 shares of the electric vehicle producer’s stock worth $2,823,000 after buying an additional 24 shares in the last quarter. Acropolis Investment Management LLC increased its holdings in Tesla by 0.9% in the 4th quarter. Acropolis Investment Management LLC now owns 2,814 shares of the electric vehicle producer’s stock worth $1,136,000 after buying an additional 25 shares in the last quarter. Mount Vernon Associates Inc. MD increased its holdings in Tesla by 0.3% in the 4th quarter. Mount Vernon Associates Inc. MD now owns 7,305 shares of the electric vehicle producer’s stock worth $2,950,000 after buying an additional 25 shares in the last quarter. Finally, Vista Finance LLC increased its holdings in Tesla by 0.7% in the 4th quarter. Vista Finance LLC now owns 3,510 shares of the electric vehicle producer’s stock worth $1,417,000 after buying an additional 25 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO Vaibhav Taneja sold 2,672 shares of Tesla stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $268.73, for a total value of $718,046.56. Following the completion of the sale, the chief financial officer now directly owns 26,950 shares in the company, valued at approximately $7,242,273.50. This trade represents a 9.02 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robyn M. Denholm sold 112,390 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $384.04, for a total value of $43,162,255.60. Following the sale, the director now owns 85,000 shares of the company’s stock, valued at approximately $32,643,400. This represents a 56.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 422,452 shares of company stock worth $153,659,530. 20.70% of the stock is owned by corporate insiders.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

Tesla Company Profile

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.