Tesla, Inc. (NASDAQ: TSLA) Chief Financial Officer Vaibhav Taneja executed a share sale on March 6, 2026, disposing of 2,264.5 shares at a price of $397.031 per share. The transaction generated proceeds of approximately $899,076, according to a Form 4 filing with the Securities and Exchange Commission.
The sale occurred as Tesla shares were trading near $398.68, a level that represents an increase of more than 51% over the past 12 months. InvestingPro analysis included in the disclosure suggests the stock is trading above its Fair Value.
The Form 4 shows the March 6 sale reduced Taneja's direct ownership of Tesla common stock to 18,106.5 shares. The filing also records an equity event on March 5, 2026, when Taneja received 6,538 shares upon the vesting of restricted stock units; the price recorded for those vested shares was $0.00.
Combining the recent sale and the RSU vesting, Taneja directly owns 20,371 shares of Tesla common stock following the transactions. In addition to his direct holdings, Taneja indirectly owns 111,000 shares. That indirect position comprises 55,500 shares held directly by Taneja in Grantor Retained Annuity Trusts (GRATs) for which he serves as trustee, and another 55,500 shares held directly by his spouse in GRATs for which she serves as trustee.
The filing and attendant commentary note that investors seeking further perspective on Tesla’s valuation can consult InvestingPro for deeper analysis and more than 15 additional InvestingPro Tips.
Separate market and regional sales data cited in the broader disclosure highlight mixed performance across Europe in February. Tesla reported a 45.2% year-over-year decline in UK vehicle registrations for the month, selling 2,208 vehicles in that market while retaining the lead position. By contrast, Tesla registered a 55% increase in French registrations year over year and gained market share in Norway, signaling a measure of stabilization across parts of Europe.
On the analyst front, BofA Securities initiated coverage of Tesla with a buy rating and set a price target of $460.00. The firm attributed part of its valuation thesis to Tesla’s Optimus humanoid segment, which BofA values at more than $30 billion and sees as potentially deployable in manufacturing applications.
The disclosure also noted competitor activity in the UK market, where Chinese automaker BYD recorded a 40.9% increase in sales, even as Tesla remained the market leader in the country.
All ownership and transaction figures above are drawn from the March filings and the company and market data cited in the disclosure documents.