Several Institutional Investors Trim Positions in Tesla, Inc. ($TSLA)

Several institutional investors have reduced their stakes in Tesla, Inc. ($TSLA), including Elevation Point Wealth Partners, EFG Asset Management Americas Corp., Coatue Management LLC, and Flight Deck Capital LP, while Clark Capital Management Group remains a significant holder.

Multiple institutional investors have disclosed reductions in their TSLA holdings, adding to a pattern of sustained institutional selling in recent quarters. Elevation Point Wealth Partners LLC, Coatue Management LLC, and EFG Asset Management Americas Corp. all trimmed positions, while Clark Capital Management Group Inc. maintains a significant $17.65 million stake. Flight Deck Capital LP also disclosed ownership changes.

The institutional selling comes amid a challenging period for Tesla, which reported a 63.7% decline in Q4 2025 net income to $840 million as operating expenses surged 50% year-over-year. Deliveries fell 16% year-over-year in Q4, and Tesla lost its title as the world's best-selling EV maker for the second consecutive year. The stock is down roughly 11% year-to-date, trading in the $400–$420 range. Goldman Sachs cut its stake by over 2.4 million shares, while Morgan Stanley reduced exposure for a third consecutive quarter.

Despite institutional outflows, retail investors have remained bullish — buying $326 million in Tesla stock during the week of February 12–18 alone. Tesla's strategic pivot toward Optimus humanoid robot manufacturing at its Fremont facility, combined with FSD commercialization prospects, could provide alternative growth narratives. However, brand concerns linked to CEO Elon Musk's political activities continue to weigh on the stock, particularly in European markets.