No material corporate briefings were identified in the context provided for this report period. Tesla's most recent publicly available filings reflect the quarter ending 31 March 2026, and institutional position changes across multiple major filers served as the primary trigger for this report.
Tesla's trailing twelve-month revenue stood at $97.88 billion as of 31 March 2026, representing year-over-year growth of 15.78% [SEC 10-Q - TSLA - 2026-03-31]. Net income on a TTM basis was $3.86 billion, with a net margin of 3.95% and a gross margin of 19.07%. Operating margin registered at 5.00%. The company held $16.60 billion in cash against total debt of $9.02 billion. EPS grew 8.33% year-over-year. The trailing P/E ratio was 391.62 against a market capitalisation of approximately $1.60 trillion [SEC 10-Q - TSLA - 2026-03-31].
Insider activity over the past 30 days recorded 20 transactions with a net selling direction, totalling a net disposed value of approximately $11.34 million [SEC Form 4 - TSLA - 2026-05]. On the institutional side, notable 13F filings reflected divergent positioning: Millennium Management added 69% to its TSLA position, while AQR Capital added 6.2% [SEC 13F - Millennium - Q1 2026; SEC 13F - AQR Capital - Q1 2026]. Citadel reduced its position by 17% and Soros Fund Management reduced by 6.3%, while Coatue reduced its position by 96% [SEC 13F - Citadel - Q1 2026; SEC 13F - Soros Fund Mgmt - Q1 2026; SEC 13F - Coatue - Q1 2026].
The prevailing interest rate environment shows the 10-year US Treasury yield at 4.57% and the 2-year at 4.08%, producing a normal yield curve with a spread of 49 basis points [FRED DGS10; FRED DGS2]. This rate configuration represents the broader fixed-income backdrop against which equity valuations, including high-multiple growth names, are currently assessed.