Midwest Trust 13F: Adds $10M to Tesla (TSLA) Stake

Midwest Trust expanded its investment in Tesla, Inc. TSLA by 28,976 shares during the third quarter, according to a Form 13F filed with the U.S. Securities and Exchange Commission on October 22, 2026. The reported value of the holding reached $76.0 million at the time of the disclosure.

TSLA Tesla, Inc.

$374.58 ▼ -14.49% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Midwest Trust's Tesla Position

The firm grew its stake by 15.6% over the period, moving from 185,258 shares up to 214,234 shares. That follows a busy quarter of portfolio adjustments for the trust, which also made moves in several other equities around the same time.

Tesla, Inc. Stock Up 0.3%

Tesla shares recently traded around $374.67 on October 23, 2026, roughly equal to the close of $374.58 on the filing date. The stock sits about 24.9% below its 52-week high of $498.83 and 26.0% above its 52-week low of $297.38. The company carries a market capitalization of roughly $1.53 trillion and a price-to-earnings ratio of 357.8 based on trailing results.

Recent Earnings

For the trailing twelve months, Tesla posted revenue of $103.6 billion alongside earnings of $1.08 per share. The company reported a year-over-year revenue growth rate of 25.5%.

Insider Buying and Selling at Tesla, Inc.

Company insiders completed several share transactions earlier in the year. On April 30, 2026, Director Kathleen Wilson Thompson disposed of 26,409 shares valued at about $10.0 million. Chief Financial Officer Vaibhav Taneja also trimmed his holdings across multiple dates, selling 3,000 shares for $1.4 million on May 13, 2026, at $450.00 per share, 2,605 shares for $1.0 million on June 8, 2026, at $402.20 per share, and 2,605 shares for $938,419 on September 8, 2026, at $360.13 per share.

Analysts Set New Price Targets

On October 22, 2026, several analysts issued fresh notes on the stock. UBS maintained its neutral rating and raised its target from $391.00 to $425.00. CLSA upgraded the stock to hold and moved its target from $310.00 to $400.00. Canaccord Genuity kept a buy rating and lifted its target from $410.00 to $442.00. Morgan Stanley maintained an equal-weight rating and raised its target from $400.00 to $410.00. BNP Paribas upgraded the stock to neutral and lifted its target from $266.00 to $420.00.

About Tesla

Tesla designs, manufactures, and sells electric vehicles, alongside energy storage and generation systems. The business operates across automotive and energy segments while offering related insurance and maintenance services.

Bottom Line

Investors tracking the stock will watch how valuation multiples hold up against broader auto sector trends. The consensus recommendation stands at buy with a mean price target of $397.83 across 38 analysts.